We are delighted to announce the signing of a Memorandum of Understanding (MoU) between NUMERYX and Elm Company at GITEX AFRICA 2024.
A mutual commitment, a willingness to collaborate closely on technical and strategic aspects in favor of the African market, whether Maghreb or Sub-Saharan Africa.
What is a Memorandum of Understanding?
A Memorandum of Understanding (MoU) is a formal document describing an agreement between two or more parties. It sets out the terms and conditions of the agreement, without being legally binding. This document enables the parties to clearly define their intentions and lay the foundations for future collaboration or a definitive contract.
- It clarifies the expectations and obligations of each party before a formal contract is signed, thus reducing the risk of misunderstandings,
- It serves as a basis for future negotiations, providing a structured framework and a common understanding of objectives,
- It demonstrates the commitment and good faith of the parties involved, facilitating smoother cooperation.
Who is ELM Company?
ELM is the leading provider of innovative secure services and solutions for the public and private sectors in Saudi Arabia. The company provides off-the-shelf e-services, customized IT solutions, government support services and consulting.
ELM’s customer base currently includes over 60,000 private and public organizations in addition to individual clients, helping them to achieve remarkable results in terms of increased efficiency as well as reduced costs and lead times.
What is the aim of this MoU?
Our aim is to put the complementary IT and technical expertise of these two digital transformation players to work for institutions, governments and companies in the African market.
We firmly believe that this strategic alliance with Elm Company will open up new horizons. Together, we look forward to pushing back the boundaries of innovation.
We thank all the teams for their dedication and hard work in making this alliance possible.
