The establishment of Intrasoft International East Africa Ltd follows successful implementation of several projects including systems for KRA and NSSF in Kenya and commercial banks and SACCOS in Uganda, Tanzania and Kenya.
Other important banking projects in Africa include the Zambia Electronic Clearing House Limited (ZECHL) where Intrasoft International is implementing the National Payments Switch to provide an infrastructure that will promote interoperability of all retail bank-led and non-bank-led payment systems.
The announcement comes at a time when the Kenyan Government has set out to drive the country towards becoming a globally competitive digital economy. According to the Kenya National ICT Master Plan (2017), the Government aims to further promote digital capacity, innovation and enterprise in the country.
“Kenya’s reputation as an African technology, trade and development hub confirms it as a strategically sound location for Intrasoft to establish its regional headquarters. Our vision is to join Africa’s ICT strength and provide solutions to current and future challenges in the Public and Enterprise sectors,” said Alexandros Manos, Chief Executive Officer, Intrasoft International.
The company also announced the official launch of its banking solution suite, PROFITS, into the East African market. PROFITS is a comprehensive suite of solutions that includes core banking, internet, mobile and agency banking, loans automation, Business Intelligence and MIS.
“We look forward to making our contribution by delivering solutions that will enhance efficiency in the public and private sectors in this era of unprecedented digital change,” said Wambui Mbesa, CEO and Regional Director of INTRASOFT International East Africa.