Northwire Canada EditionWednesday, July 29, 2026
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Production / Operations

Sekur Private Data Ltd. Provides Update on Africa Government Sales

By The Northwire Desk — AI Analysis Oct 01, 2025 · 08:30 SKUR · 0.04 Sekur Private Data Ltd.
SKUR · Price

Executive Summary

  • Sekur Private Data Ltd. reports positive feedback on its corporate and government sales efforts in Angola and the Democratic Republic of Congo, targeting a minimum of 2,000 licenses (500 premium government and 1,500 business) for 2026, representing US $2.1 million in recurring annual revenue.
  • The company plans to commence its first license sales later in 2025, with expansion into additional African markets over the next 24 months.
  • Sekur intends to issue 5,150,793 restricted shares at CA$0.05 per share to arm’s‑length service providers, subject to regulatory and board approvals.

Key Details

  • Geographic Focus: Angola and DRC – corporate and government sectors.
  • Sales Target for 2026: Minimum 2,000 licenses (500 premium government + 1,500 business).
  • Projected Recurring Revenue: US $2,100,000 annually from the above license mix.
  • Timeline: First sales expected to start in 2025; further expansion planned through 2026 and beyond, with additional African countries targeted within a 24‑month horizon.
  • Platform Highlights: Swiss‑hosted encrypted email, messaging, VPN; no data mining or location tracking; features include SekurSend and Chat by Invite.
  • CEO Quote (Alain Ghiai): Emphasized strong market demand in Angola and DRC and the company’s “off‑grid, off‑big‑tech” positioning to protect against BEC, phishing, AI hacks, and other cyber threats.
  • Share Issuance: 5,150,793 restricted shares at CA$0.05 per share to service providers for services rendered; issuance pending regulatory and board approvals and customary filings with the CSE.
  • Regulatory Context: Shares will bear standard restriction notices for U.S. and non‑U.S. holders.

Notable Quotes

“We are very pleased with the positive feedback we are receiving for Sekur in both Angola and the DRC… there is an enormous demand in Angola and the DRC for Sekur and we look forward to providing secure and private communications to that market.” – Alain Ghiai, CEO

Materiality Assessment: Non‑Material – Positive (forward‑looking sales targets and pending share issuance, no immediate financial impact disclosed).

Read the original news release →

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