Cisco Capital Looks to Boost Technology Funding in South Africa; Kristine Snow Comments

CiscoLogoCisco Capital aims to spur technology investments in South Africa by offering a range of financing options for local businesses, ITWeb reported Friday.

Nicola Mawson writes Cisco is investing in the financing arm as part of an expansion in emerging markets.

Kristine Snow, president of Cisco Capital, said the company aims to help businesses preserve their capital budget and streamline cash flow.

She added that Cisco Capital is “wholly-owned by the US company, was set up in 1996 and has $9 billion under management globally.”

According to the article, Cisco Capital offers funding offerings for information and communications technology and services in 145 countries.

Alpheus Mangale, managing director of Cisco Systems in South Africa, said more than 85 percent of the company’s business is done through a network of channel partners.

email
Filed in: News Tags: , , , , ,

You might like:

Airbus to Help Fund South Africa Research on Fuel Cells for Aircraft Airbus to Help Fund South Africa Research on Fuel Cells for Aircraft
Julian Cracknell: BAE to Support U.K. Govt Agency’s Info and Comms Procurement Model Julian Cracknell: BAE to Support U.K. Govt Agency’s Info and Comms Procurement Model
Miguel Santos: Boeing Eyes South Africa for A&D Business Expansion Miguel Santos: Boeing Eyes South Africa for A&D Business Expansion
Bostonia Secures $3M to Fund Expanded Work on GSA Facility; Anita Molino Comments Bostonia Secures $3M to Fund Expanded Work on GSA Facility; Anita Molino Comments
© 2014 ExecutiveBiz. All rights reserved.