Labat Africa’s Ahnamu inks global tech supply deal with Dubai’s Shafi Inc

Labat Africa Limited, a South African technology and ICT-focused group, has expanded its global footprint by signing a five-year Sale and Supply Agreement (SSA) through its 51%-owned subsidiary, Ahnamu Investments, with Dubai-based Shafi Inc FZCO.

The partnership enables Ahnamu to distribute advanced AI and high-performance computing solutions across international markets, positioning the African firm as a strategic player in global AI infrastructure.

Expanding Africa’s AI and computing footprint
Ahnamu, an award-winning importer and distributor of internal and external computer hardware across the SADC region, provides turnkey ICT solutions for startups, enterprises, and government clients.

Under the SSA, Ahnamu will supply high-performance computing and AI hardware to Shafi’s established global distribution network, giving the African subsidiary access to international semiconductor channels and positioning it as a key player in the AI infrastructure space.

“This partnership marks a milestone for Ahnamu and Labat Africa as we expand our technology distribution capabilities beyond the continent,” said Labat’s board in a statement. “By leveraging Shafi’s global network, we anticipate stronger revenue visibility, minimum purchase commitments, and accelerated entry into the rapidly growing AI infrastructure market.”

Strategic rationale and growth potential
The agreement aligns with Labat’s broader pivot toward technology and ICT, following its February acquisition of a 51% stake in Ahnamu from a non-related party. Ahnamu reported audited revenue of approximately R160 million ($9.54 million) and profits of around R90 million ($5.37 million) for the 2024 financial year, underscoring its solid performance in the African market. The SSA is expected to further enhance Ahnamu’s ability to service both enterprise and government sectors requiring high-performance computing solutions.

Labat cautioned that it is finalising additional strategic transactions that could further boost revenue and shareholder value. The Shafi partnership, however, represents a tangible step in Labat Africa’s long-term vision of becoming a major African supplier of cutting-edge ICT and AI technologies, combining local expertise with global market access.

This move positions Labat Africa and Ahnamu at the forefront of Africa’s technology and AI distribution landscape, signaling a bold pivot toward high-growth sectors and international collaboration.