Lagos, Nigeria — On a visit to Lagos, SAP Africa CEO, Pfungwa Serima today reaffirmed the importance of the role that technology can play in driving transformation as well as SAP’s commitment to the development of the Nigerian economy through strategic partnerships both in the private and public sphere.
Half of the ten fastest growing economies globally are from Africa and Nigeria is at the top of the growth charts according to the International Monetary Fund. The forecasted growth of approximately 7% in Nigeria’s gross domestic product (GDP) is hinged largely on its abundant natural resource output – mining, oil and gas – areas in which SAP has robust, proven solutions.
“With abundant natural resources, Nigeria clearly offers attractive investment opportunities. As investors from around the world look to Africa, public and private sectors across the continent must now prove to investors that they are ready to plug into the global economy,” says Serima. “SAP provides the tools for businesses and government alike – large and small – to provide the investment community with the returns that they expect through technology solutions that can scale and be rapidly deployed.”
As global leaders in software application, SAP helps businesses run better applications, analytics, mobile, cloud, database and technology. But this is not exclusive to the business world: SAP plans to partners with governments to help bolster the journey to efficiencies and modernisation journey.SAP is serious about investing in Africa. “In Africa alone SAP grew its sales business by more than 80% while its channel business grew more than 100% year on year,” concluded Serima. “We are enabling African businesses and governments to run better, become more agile and more efficient.”
As market leader in enterprise application software, SAP (NYSE: SAP) helps companies of all sizes and industries run better. From back office to boardroom, warehouse to storefront, desktop to mobile device – SAP empowers people and organizations to work together more efficiently and use business insight more effectively to stay ahead of the competition. SAP applications and services enable more than 232,000 customers to operate profitably, adapt continuously, and grow sustainably. For more information, visit www.sap.com.
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