EOH has announced that it is acquiring an equity stake of between 49% and 80% of Twenty Third Century Systems (TTCS) and its subsidiaries, for an undisclosed amount.
Twenty Third Century Systems (TTCS) is a Pan-African IT applications and business solutions provider.
The group has a presence across the African continent with offices in Zimbabwe, Zambia, Malawi, Kenya, Uganda, Rwanda, Botswana and Nigeria and projects in several other countries including Ghana, Namibia, Tanzania and Cameroon.
Founded in 1996 by Ellman Chanakira, TTCS has focused on implementing business solutions (as well as IT infrastructure) across Africa and the Middle East. It operates in both the private and public sector, including the social security, tax and revenue collecting agencies.
It has implemented solutions in a number of large mining and manufacturing enterprises and has developed proprietary solutions for key Government departments and agencies.
“TTCS will significantly augment our Pan-African growth plans and support EOH’s purpose of providing technology, knowledge, skills and organisational ability, critical to Africa’s development and growth,” said EOH Group CEO, Asher Bohbot.
TTCS brings to the EOH Group a complement of over 400 diverse, highly-skilled IT experts in finance, logistics, human capital management, analytics, mobility, cloud and database technologies and provides solutions across the spectrum.