In a strategic move to transform its operations in Africa, Dimension Data has sold its operations in Ghana as part of a Management Buyout (MBO).
Former Managing Director of Dimension Data, Ghana, Yvette Adounvo Atekpe, who led the company for the last 16 years, has bought the company. An award-winning business leader, Atekpe has been actively promoting, supporting and working in the ICT industry in Ghana for over 25 years. As Managing Director, Atekpe led the management team of Dimension Data Ghana to achieve significant growth and more than double its employee base during her 16 years as Managing Director.
The Managing Director, Dimension Data East & West Africa, Richard Hechle, said: “The acquisition of Dimension Data Ghana by one of Africa’s most well-respected women in the ICT industry aligns with NTT’s commitments to supporting female owned, and locally operated and managed businesses.
The MBO, orchestrated by newly registered Dynamic Data Solutions Ltd, is a testament to Yvette’s confidence in the company’s future and its potential for further expansion. The management team, responsible for the company’s success and growth, will continue to play a pivotal role in shaping the company’s trajectory.
With this acquisition, Dimension Data in Ghana will be replaced by Dynamic Data Solutions Ltd, with a new brand identity (name and logo) planned for April 2024. The executive management team is not expected to change, to ensure continuity of service delivery, a seamless transition to the new brand, and business as usual.
Commenting on the acquisition, Yvette Adounvo Atekpe, founder and CEO of Dynamic Data Solutions, said: “This MBO secures the future of the company and creates a Ghanaian owned and operated ICT company which is enormously exciting for us. We have a unique value-add as a Preferred Partner, giving us and our clients access to the latest technology, support and leadership. Our established presence in the market will ensure that our customers continue to receive the best service, access to the highest quality products and around the clock support without interruption.”
This seems to follow the trend of global companies divesting in Africa due to foreign exchange liberalization in African countries.
