Lleida.net signs a framework agreement with the Pan-African Postal Union to serve 55 postal companies in the continent

Rhea-AI Summary

Lleida.net has signed a framework agreement with the Pan African Postal Union, allowing 55 postal companies across Africa to offer Digital Postal Services using Lleida.net's Registered Electronic Communications technology. This agreement facilitates legally recognized digital communications in the region, tapping into Africa's vast mobile and internet user base, which includes 650 million mobile phones and 525 million internet users. The initiative aims to enhance digital participation and modernize postal services throughout the continent.

Positive

• Expansion into African markets through collaboration with the Pan African Postal Union.
• Access to a market with approximately 1.4 billion potential customers.
• Utilization of existing technology for digital communications, enhancing service offerings.
• Strengthened position as a leader in Registered Electronic Communications in Africa.

Negative

• None.

MADRID and ARUSHA, Tanzania, July 5, 2021 /PRNewswire/ -- The Pan African Postal Union (PAPU) and Lleida.net (BME: LLN) (EPA: ALLLN) (OTCQX: LLEIF) have signed a framework agreement that will allow the 55 postal companies in all African countries to offer Digital Postal Services through the technology of the European listed company.

Lleida.net has signed the agreement through its subsidiary Lleidanet SaaS Middle East and Africa DMCC, with the support of eGate, the traded company's partner in North Africa.

The basis of these Digital Postal Services is Lleida.net's existing Registered Electronic Communications technology.

Established in 1980, the Pan-African Postal Union is an international organisation under the African Union, created more than 40 years ago to coordinate the 55 postal services across the continent and drive postal innovation.

"As a leader in Registered Electronic Communications, with successful operations in South Africa for many years, we are helping Postal Services to provide, in a digital world, the same or greater value paper-based communications had in the past," Sisco Sapena, CEO of Lleida.net, said.

The agreement will enable the postal services of all African countries to provide Registered Digital Communications with legal and commercial admissibility.

Africa has approximately 650 million mobile phones and 525 million internet users. In addition, the continent has 500 million mobile bank accounts, about half of those worldwide.

Lleida.net, listed in New York, Paris and Madrid, is Europe's leading digital signature company and has the most significant presence in Africa.

Lleida.net is a key provider of registered electronic communications in the United Arab Emirates, Colombia, Botswana, Malawi, and South Africa, among others.

More than 60 countries on five continents have recognised the company's inventions with 205 patents, including South Africa, Nigeria, the United States, the European Union, Japan, China and Australia.

With approximately 1.4 billion potential customers for the new services, Africa is home to 650 million mobile phones, 525 million internet users and 500 million active mobile money accounts.

"The Pan-African Postal Union has the vision to implement a single postal territory for the development of the postal sector in Africa. These new Digital Postal Services will rapidly enable rapid digital participation of all Africans," Younouss Djibrine, Secretary-General of the Pan-African Postal Union, said.

Media Contact:
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SOURCE Lleida.net

FAQ

What is the significance of Lleida.net's agreement with the Pan African Postal Union?

The agreement enables 55 postal companies in Africa to offer Digital Postal Services using Lleida.net's technology, modernizing postal communications on the continent.

How many mobile and internet users does Africa have relevant to Lleida.net's services?

Africa has approximately 650 million mobile phones and 525 million internet users, providing a vast market for Lleida.net's Digital Postal Services.

What technology will Lleida.net use for the Digital Postal Services?

Lleida.net will utilize its Registered Electronic Communications technology to provide legally recognized digital communications in Africa.

How does this agreement impact Lleida.net's market presence?

This agreement solidifies Lleida.net's position as a leading provider of digital signature and registered electronic communication services in Africa.

What potential does Africa hold for Lleida.net's new services?

With about 1.4 billion potential customers and a growing digital landscape, Africa presents significant opportunities for Lleida.net's services.