Some. Facts29 Oct 2020 11:52
Following the completion of the pilot at the end of October 2020, which is not expected to generate any revenues for the Company, a market analysis review will be undertaken to ascertain the commercial viability of deploying the Company's technologies across the region via Afrik-ID. Should this be favourable, the Company will seek to enter into a commercial arrangement with Afrik-ID.
Guy Meyer, Interim Chief Executive Officer of Catenae, said: "We are pleased to have entered into this pilot agreement with Afrik-ID as we see potential for the use of our technologies across the wider SADC region, a community comprising of 16 member states with a combined population of over 345 million people, especially as it is seen that Africa is a highly mobile enabled continent.