HP expands African operations

HP announces subsidiaries in Angola and Libya

November 4, 2009

HP announces subsidiaries in Angola and Libya

HP today announced its decision to establish new subsidiaries in Angola and Libya.

The subsidiaries will have sales, services and support responsibility for customers in Angola and Libya. In both countries HP is working with the local administrations to complete formal registration, and expects to be operational in 2010. This latest expansion will increase HP’s footprint across the continent to nine full subsidiaries (Algeria, Angola, Egypt, Kenya, Libya, Morocco, Nigeria, South Africa, and Tunisia) and partner representation in over 50 countries.

“The African continent plays a major role in HP’s growth strategy. Today’s announcement, and our plans for future geographic expansion, illustrates our commitment to current and future customers across Africa. With these investments, I fully expect to see rapid growth in our customer base, revenue and employee numbers across the continent.” said Rainer Koch, Managing Director of HP’s Africa region. “HP is excited about the prospects for IT market in African countries and the role IT can play in wider economic development.”

Koch continued “HP is already Africa’s leading IT company. We are the number one (1) vendor in Industry Standard Servers, management software, PCs and printers, and are a leading vendor in the networking, storage and the services market. I believe these new subsidiaries will help us serve our customers better and extend our leadership.”