Bloomberg the Company

Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Follow Us

Industry Products

Allied Technologies Seeking Partner to Grow East Africa Business

Don't Miss Out —
Follow us on:

Oct. 4 (Bloomberg) -- Allied Technologies Ltd., a South African manufacturer of television set-top boxes, said it’s seeking a partner to help fund its operations in East Africa.

“We are at an advanced stage of seeking a partner with the additional capital to be used for expanding the data center and the regional network,” Tim Ellis, Altech’s chief executive officer for the region, told reporters today in Nairobi, Kenya’s capital.

Altech owns 60.8 percent of Altech KDN Ltd., a joint venture with Sameer Group, a Kenyan investment company that owns the remaining 39.2 percent.

“We have invested an estimated 3 billion shillings in the operation and we are looking to further boost that with a deal expected by year-end,” Ellis said.

To contact the reporter on this story: Johnstone Ole Turana in Nairobi at

To contact the editor responsible for this story: Paul Richardson at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.