It’s not often you hear about African tech companies expanding into Europe. Some examples include fintechs Lidya and Korapay in Eastern Europe and the U.K., respectively. In the latest development, Bluechip Technologies, an African enterprise company that partners with international OEMs like Microsoft and Oracle and provides data warehousing solutions and enterprise applications to banks, telcos and insurance firms, is announcing its European launch.
The Nigeria-based systems integrator said the strategic expansion positions it as a “new competitive entrant in the EU market offering data warehousing and analytics products as well as highly experienced senior data engineers from its Nigeria team as consultants for European firms.”
Olumide Soyombo, one of Nigeria’s high-profile angel investors who launched a fund Voltron Capital last year, started Bluechip Technologies in 2008 with Kazeem Tewogbade. The company specializes in data warehousing, analytics and enterprise systems for banks and telcos. Having launched with a ₦5 million (~$30,000 at the time) seed investment from Soyombo’s father, Bluechip Technologies has grown to employ nearly 200 consultants and expanded across other African markets such as Kenya, DRC Congo, Zambia and Ghana. Some of its clients have pan-African and global reach, including FirstBank, MTN, 9mobile, Lafarge, GTBank and Access Bank.