Nihilent, Equip announce strategic partnership

Nihilent, a leading global consulting and solutions integration company, and Equip GRC, an advisory firm that provides governance, risk management and internal audit transformation solutions, today announced a strategic partnership designed to mutually benefit both companies to scale up and grow their businesses.

This strategic partnership will address the requirement for local capability building around sound business management practices, especially in the area of business and information technology consulting. This partnership is a direct response to the pro-investment and pro-growth policies and the “New Vigour, New Zeal, and New Speed” theme pursued diligently by the progressive government, which seeks to unleash Tanzania's latent growth potential.

While Equip brings with it leading practices in corporate governance, risk management, regulatory compliance and internal audit transformation, Nihilent brings hard rigor and plentiful experience into effective deployment through its competence around corporate strategy execution capability. Equip and Nihilent will combine their expertise to address the business challenges facing organisations in the financial services, government and state-run enterprises as well as supply chain and logistics.

“Equip and Nihilent have worked together in the past so I am pleased that we have now jointly created a framework that allows both organisations to leverage each other more formally and across a broader range of geographies,” said Davith Kahwa, Chief Executive Officer, Equip.

“Nihilent's presence in markets such as the India, North America, Europe, southern Africa and Middle East, coupled with its expertise in business and technology consulting, brings a wealth of consulting experience and exposure. This, combined with Nihilent's strong commitment to emerging economies, particularly East Africa, makes them a welcome addition to Equip's partner community,” added Kahwa.

Minoo Dastur, Chief Operating Officer of Nihilent, said: “Nihilent is engaged in introducing change through information technology, people and process interventions, in a systemic manner to improve performance for our customers. Equip's portfolio of corporate governance and risk management services complements our business and technology consulting portfolio. We are pleased to be partnering with Equip to provide end-to-end and high-quality consulting services to our clients in Tanzania.”

Conceptualised with the objective of creating a different kind of company, through a unique, holistic and systems approach to problem-solving, Nihilent has been credited for creating the world's first change management structure based on its patented MC3 TM framework for Change Management, Performance Management and Strategy Execution. The focus from the beginning has been to invest substantially in people and R&D on building a consulting-led, framework-driven company. Nihilent was also recently awarded a patent for its predictive 'Customer Loyalty Evaluation' (CLE) model that helps businesses to successfully identify the loyalty drivers and build enduring customer loyalty.

The partnership of Nihilent-Equip plans on hiring substantial local talent and work towards building local capability through knowledge transfer. Through this partnership, Nihilent-Equip intend to focus on helping companies in Tanzania to adopt world-class business practices, thus enhancing business performance and the ability to exploit Africa's potential.