Dual-listed ICT group Datatec is targeting countries across Africa, the Middle East and emerging Asia for further investment.
In a conference call with shareholders and analysts this morning, CEO Jens Montanana noted the company was keen to improve its exposure to emerging markets.
"Our Middle East and Africa region continues to grow revenue strongly. Our interest in this region specifically is part of our strategy to grow exposure in emerging and developing markets. This should most probably extend to regions like India and South East Asia," he explained.
Two transactions concluded in the last six months had already seen the company extend its coverage to eight additional countries on the African continent. These were the September takeover of Jet and the 51% acquisition of Dynatec.
Further, transactions in the region are expected to be announced "between now and May", said Montanana. However, the company is also considering establishing new operations in some regions.
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