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Uganda: SatNav East Africa sells shares to MapIT
Michelle Tongo Published in Bikya Masr on 10 - 05 - 2012

NAIROBI: In a move expected to improve services and accessibility, MapIT has acquired shares worth USD2.1 million in SatNav East Africa.
Vincent Okema, CEO at SatNav East Africa commented that this move would further the firm's expansion into East Africa markets by enhancing digital mapping and technical support.
“MapIT will also provide us with all the technical support including improved digital maps across six east African countries.”
Okema further explained the move by the firm to develop digital maps and address codes for the whole region and prices range from Ush50, 000 and Ush200, 000 for business persons while navigation devices range from Ush600, 000 and Ush1.3 million.
MapIT is a South African IT firm that offers businesses high quality digital maps. Other services include Web Mapping, Mobile Mapping, Digital Mapping Services, Location Based Services (LBS) and Location Business Intelligence.
SatNav East Africa is Uganda's prime pioneer in Global Positioning System (GPS) technology and GPS based consumer electronics.
Established in 2011, it has grown to be East Africa's independent geographical data of East Africa and it they have built a unique and impressive enhanced digital database that contains information for all their our location based services.

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