Dangote Group, one of Africa’s biggest manufacturing conglomerates, has entered into a three-year deal with business software firm, SAP. The deal is a multi-million Euro deal and is said to be Africa’s biggest technology deal yet.
Dangote Group is said to have entered into the deal with SAP to increase transparency and efficiency within the group. Dangote’s core business focus is to build manufacturing capacity to generate employment and provide goods for the African continent.
The deal officially went live in August 2012 and is being implemented by SAP partner KPMG. The deal makes Dangote Group the first Nigerian company to have an agreement in Nigeria that covers countries outside of the West African country as well.
SAP Business Suite will provide Dangote Group a move from a manual-based system to one that is more integrated, automated and provides transparency into its finances. Also, SAP Business Suite will provide key management insight across the group.
Speaking about the deal Mike Okwechime, Account Executive for large enterprises in SAP West Africa says, “With the continued investment that SAP is making in Nigeria, we are elated to witness the fruits of that investment, which has now been tangibly demonstrated by the very first Nigerian company that is expanding into the rest of the world and they are doing that with the SAP platform”.
Advancement in technology infrastructure is surely a precursor to remarkable growth for any company. Dangote had earlier reveled intentions to make his cement company one of the biggest in the world, and this deal may yet be a step in the right direction, one of many to come I believe.