IBM wins Africa cloud deals, set to help 6 African banks with data storage

International Business Machines Corp. won hybrid cloud deals with a number of Africa’s largest banks including South Africa’s Nedbank and Morocco’s Attijariwafa Bank. The U.S. tech giant is working with as many as six banks on the continent spanning from Mozambique to Nigeria. The deals will allow its African banking clients to store their information with some of it held internally in what’s known as private cloud and other data stored in public clouds.