BSECompany Update7h ago · 20 Aug 2026, 09:06 am
Blue Cloud Softech Solutions Signs Strategic Memorandum of Agreement with GCIB for Africa and Afro Mobile SARL for Telecommunications and Digital Infrastructure Development Across Africa"
Blue Cloud Softech Solutions Ltd · 539607
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Blue Cloud Softech Solutions Ltd has signed a strategic Memorandum of Agreement with GCIB for Africa and Afro Mobile SARL for telecommunications and digital infrastructure development across Africa.
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Blue Cloud Softech Solutions Ltd - 539607 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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Dated: 20 August 2026
BSE Limited
Phiroze Jeejeebhoy Towers
Dalal Street
Mumbai – 400001
Scrip Code: 539607
Subject: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 – Press Release
Dear Sir/Madam,
Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, we are pleased to enclose herewith a copy of the Press Release
issued by Blue Cloud Softech Solutions Limited titled:
" Blue Cloud Softech Solutions Signs Strategic Memorandum of Agreement with GCIB for Africa
and Afro Mobile SARL for Telecommunications and Digital Infrastructure Development Across
Africa."
The press release relates to Signing of Strategic Memorandum of Agreement with GCIB for Africa
and Afro Mobile SARL for Telecommunications and Digital Infrastructure Development Across Africa.
The enclosed press release is being disseminated to the media for public information and is also
being made available on the Company's website at: https://bluecloudsoftech.com/wp-
content/uploads/2026/08/Press-Release.pdf
This is for your information and record.
Thanking you.
Yours faithfully,
For Blue Cloud Softech Solutions Limited
MHVSN Sambhu Prasad
Company Secretary and Compliance Officer
Encl: as above.
Blue Cloud Softech Solutions Limited P: +91 84660 22022
Regd. Off: Plot No 38, 5th Floor, N E: info@bluecloudsoftech.com
Heights, Siddiq Nagar, Hitech City, www.bluecloudsoftech.com CIN: L72200TG1991PLC013135
Madhapur, Hyderabad, Telangana-500081
PRESS RELEASE
For Immediate Release
Blue Cloud Softech Solutions Signs Strategic Memorandum of Agreement
with GCIB for Africa and Afro Mobile SARL for Telecommunications and
Digital Infrastructure Development Across Africa
Hyderabad, India / Abidjan, Côte d'Ivoire – 20 August 2026. Blue Cloud Softech Solutions Limited
(NSE: BLUECLOUDS; BSE: 539607) ("Blue Cloud" or "BCSSL"), an AI-first technology company, today
announced the signing of a Memorandum of Agreement with the Global Council for Investment and
Business for Africa (GCIB) and Afro Mobile SARL, a telecommunications and digital infrastructure
company incorporated in the Republic of Côte d'Ivoire.
Under the Memorandum of Agreement, dated 7th August 2026 and fully executed on 19th August
2026, the three parties have established a strategic partnership framework for the identification,
structuring, financing, development, implementation and operation of telecommunications and
digital infrastructure initiatives across Africa. The framework covers national fibre-optic backbone
networks, 4G/5G mobile network infrastructure, international connectivity including submarine
cable landing stations and internet exchange points, telecommunications towers and passive
infrastructure, digital public infrastructure — including digital identity, national interoperability, e-
government and digital payment platforms — and satellite connectivity, including VSAT and Low
Earth Orbit (LEO) services for remote-area and emergency communications.
Within the partnership, BCSSL will act as the Lead Technology and Digital Transformation Partner,
responsible for technology solution design and deployment, platform architecture, systems
integration and technology transfer, and will lead the technical coordination, financial structuring
and financing coordination of projects developed under the framework. GCIB will act as the Strategic
Development and Investment Partner, leading government and institutional engagement and the
mobilisation of international investors and financing partners. Afro Mobile will act as the
Telecommunications and Digital Infrastructure Partner, facilitating sector engagement, relationships
with operators and regulators, local partnerships and capacity building.
The parties intend to develop projects around sustainable commercial models generating recurring
revenues, with project-specific structures — including Special Purpose Vehicles, joint ventures and
consortium arrangements — to be established for individual initiatives, and a Joint Steering
Committee to provide governance across the partnership.
Mr. Chandrashekar Mudraganam, Chief Executive Officer, Blue Cloud Softech Solutions Limited,
said: "Africa's digital transformation is one of the defining infrastructure opportunities of this
decade. This partnership brings together GCIB's investment and institutional reach, Afro Mobile's
telecommunications presence in West Africa and Blue Cloud's technology depth across AI, cloud,
cybersecurity and telecom. We look forward to converting this framework into bankable projects
that expand connectivity and digital public infrastructure across the continent."
Blue Cloud Softech Solutions Limited P: +91 84660 22022
Regd. Off: Plot No 38, 5th Floor, N E: info@bluecloudsoftech.com
Heights, Siddiq Nagar, Hitech City, www.bluecloudsoftech.com CIN: L72200TG1991PLC013135
Madhapur, Hyderabad, Telangana-500081
The Memorandum of Agreement establishes a cooperation framework for an initial term of five
years. Specific projects, investments and commercial arrangements under the framework will be
undertaken through separate project-specific agreements, which will be announced as and when
concluded in accordance with applicable disclosure requirements.
About Blue Cloud Softech Solutions Limited
Blue Cloud Softech Solutions Limited (NSE: BLUECLOUDS; BSE: 539607) is a Hyderabad-
headquartered, AI-first technology company delivering solutions across artificial intelligence,
cybersecurity, cloud and digital infrastructure, healthcare technology and telecommunications, with
operations in India, the United States, the Middle East and Africa. The Company's equity shares are
listed on the National Stock Exchange of India and BSE Limited. For more information, visit
www.bluecloudsoftech.com.
About GCIB
The Global Council for Investment and Business for Africa (GCIB) is an international organisation
dedicated to promoting investment, innovation, strategic partnerships, project development,
sustainable development, economic transformation and cross-border cooperation throughout
Africa.
About Afro Mobile SARL
Afro Mobile SARL is a telecommunications and digital infrastructure company incorporated under
the laws of the Republic of Côte d'Ivoire, headquartered in Abidjan, supporting the development,
expansion, modernisation and operation of telecommunications networks, broadband infrastructure
and next-generation communication systems across Africa.
Cautionary Statement
This press release relates to a Memorandum of Agreement that establishes a framework for
strategic cooperation. It does not, by itself, constitute a binding commitment to any specific project,
investment or revenue, and no assurance can be given that specific projects will be concluded under
it. Certain statements in this release concerning future prospects are forward-looking statements,
which involve risks and uncertainties that could cause actual results to differ materially. Blue Cloud
Softech Solutions Limited undertakes no obligation to update forward-looking statements except as
required by law and applicable regulations.
Media Contact
Mr. Praveen Lella, Manager – Marketing and Corporate Communications,
Blue Cloud Softech Solutions Limited |
e-mail: praveen.lella@bluecloudsoftech.com
Mobile: +9173309 57036
Blue Cloud Softech Solutions Limited P: +91 84660 22022
Regd. Off: Plot No 38, 5th Floor, N E: info@bluecloudsoftech.com
Heights, Siddiq Nagar, Hitech City, www.bluecloudsoftech.com CIN: L72200TG1991PLC013135
Madhapur, Hyderabad, Telangana-500081