Agreement Parties
1. The Global Council for Investment and Business for Africa (GCIB)
2. Afro Mobile SARL, a telecommunications and digital infrastructure company incorporated under the laws of the Republic of Côte d'Ivoire (RCCM Abidjan No. CI-ABJ-2020-B-16252)
Purpose of Agreement
To establish a strategic partnership framework for the identification, structuring, financing, development, implementation, operation and commercialisation of telecommunications and digital infrastructure initiatives across Africa. The scope includes:
- National fibre-optic backbone
- 4G/5G mobile network infrastructure
- International connectivity (submarine cable landing stations, international gateways, internet exchange points)
- Telecom towers and passive infrastructure
- Digital public infrastructure (digital identity, national interoperability platforms, e-government and digital payment infrastructure)
- Satellite connectivity (VSAT and LEO services)
Shareholding Relationship
No shareholding relationship exists between Blue Cloud Softech Solutions Limited or its promoters/promoter group and either GCIB or Afro Mobile SARL.
Significant Terms of Agreement
- Blue Cloud Softech: Acts as Lead Technology and Digital Transformation Partner responsible for technology design and deployment, platform architecture, systems integration, technology transfer, and technical/financial structuring coordination of projects
- GCIB: Acts as Strategic Development and Investment Partner responsible for government/institutional engagement and mobilization of investors and financing
- Afro Mobile SARL: Acts as Telecommunications and Digital Infrastructure Partner responsible for sector engagement, operator and regulator relationships, local partnerships and capacity building
- Term: Initial term of five (5) years, renewable by mutual written agreement
- Governance: Through a Joint Steering Committee
- Project Structure: Project-specific structures (SPVs, joint ventures, consortium arrangements), ownership, financing and revenue-sharing to be agreed separately for each project
Related Party Transaction Status
The transaction does not fall within related party transactions. The parties are not related to the promoter, promoter group or group companies of the Company.
Binding Nature and Financial Impact
The Memorandum of Agreement is a strategic cooperation framework and does not, by itself, involve any financial commitment, investment obligation or assured revenue for the Company. Specific projects and commercial arrangements will be undertaken through separate project-specific agreements, which will be disclosed as and when executed, if material.
Execution Details
- Agreement dated: 7th August 2026
- Execution completed: 19th August 2026 (upon signature by all parties)
Additional Information
The Press Release has been disseminated to media and is available on the Company's website at https://bluecloudsoftech.com/wp-content/uploads/2026/08/Press-Release.pdf