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Exclusive Network, a leading global provider of cybersecurity and cloud solutions, has unveiled its expansion into Nigeria by opening a new office in Lagos, the bustling commercial hub of the country with a population exceeding 22 million. This strategic move reflects the company’s enduring commitment to investing in Africa, a region where it has cultivated a robust presence over the past 15 years.

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At the core of Exclusive Network’s growth strategy lies the pursuit of acquisitions, and establishing a footprint across Africa perfectly aligns with this vision. Presently, the company boasts offices in Morocco, Ghana, Nigeria, Kenya, South Africa, Uganda, and Ethiopia, demonstrating its steadfast dedication to serving the African market.

Managing Director of Exclusive Network, Anton Jacobsz, emphasised the significance of having a substantial presence in Africa to cater effectively to the market’s needs (Read Interview below).

Through the establishment of compliant infrastructure in various African nations, Exclusive Network aims to furnish vendors and partners with the requisite support to deploy their solutions seamlessly across the continent.

This expansion underscores Exclusive Network’s unwavering commitment to bolstering its footprint in Africa and bolstering the region’s burgeoning cybersecurity and cloud sectors. With Nigeria joining its roster of locations, Exclusive Network is primed to further solidify its position as a premier provider of cybersecurity and cloud solutions across the African landscape.

Exclusive Network empowering IT companies in Nigeria to seamlessly deliver cybersecurity services – Jacobsz

Jacobsz speaks with Adejoke Queen Dawodu, IT Edge News at the opening ceremony in Lagos.

What opportunity are you creating for Africa in terms of cyber security?

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Exclusive Network is expanding cybersecurity opportunities across Africa by focusing on ransomware defense. As ransomware attacks continue to escalate globally, Exclusive Network recognises a significant opportunity to bolster cybersecurity defenses in Africa. With the threat landscape expanding, the demand for robust cybersecurity solutions is soaring, presenting a lucrative business opportunity for the region.

In light of this, Exclusive Network is poised to collaborate with numerous companies across Africa, aiding them in delivering cutting-edge cybersecurity services on a par with global standards. Nigeria, as a key player in the West African economy, presents a particularly promising market for cybersecurity solutions.

Exclusive Network’s mission is to empower IT companies in Nigeria to engage effectively with end-users, ensuring the seamless delivery of cybersecurity services. By bridging the gap between cybersecurity providers and businesses in Nigeria, Exclusive Network aims to fortify defenses against ransomware attacks and other cyber threats, thereby safeguarding the digital

Can you shed light on some of Exclusive Network’s products?

Exclusive Network, renowned for its commitment to cybersecurity excellence, underscores the significance of products like Fortinet in its portfolio. Over the past two decades, Fortinet has emerged as a cornerstone product, contributing significantly to Exclusive Network’s impressive turnover of 35 billion euros, with 1.4 billion euros attributed specifically to Fortinet.

MD,Exclusive Network, Jacobsz

As a leader in the cybersecurity industry, Exclusive Network offers a diverse range of products beyond Fortinet. While Fortinet remains a flagship offering, Exclusive Network’s portfolio includes a myriad of other cutting-edge solutions aimed at addressing the evolving needs of its clientele.

By championing products like Fortinet alongside other industry-leading solutions, Exclusive Network reaffirms its dedication to providing comprehensive cybersecurity offerings to its customers worldwide.

Exclusive Network’s mission is to empower IT companies in Nigeria to engage effectively with end-users, ensuring the seamless delivery of cybersecurity services.

How is Exclusive Network navigating the challenges in the business?

Navigating the fluctuating currency exchange rates, particularly the US dollar versus the local currency, poses a significant hurdle for organizations operating in Nigeria. Exclusive Network is not immuned to this challenge, as its suppliers typically transact in US dollars, necessitating timely payments within a 30 to 45-day window. However, the volatility of the naira against the dollar complicates the process of sourcing sufficient funds to meet these obligations on time.

Despite these challenges, Exclusive Network remains committed to fostering strong partnerships with its vendors and stakeholders across West Africa. By prioritizing effective communication and collaboration, the company endeavors to overcome currency-related obstacles and uphold its reputation as a reliable and trustworthy business partner in the region.

 

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