Board of Directors
Mr. Ibrahim Saeed Ahmed Lootah
Chairman
Mr. Lootah is a visionary and reputed business leader from Dubai (U.A.E). He is the Chairman of the Lootah Group of Companies that is a diversified business group spread across many industries and countries. The group has a valuation of the billion dollars and the investments made in Ethiopia since 2012 have exceeded US$ 20 million.
“It is with great pride and honor that I am pleased to announce that we have established the 1st smartcard manufacturing facility in Ethiopia and East Africa. We thank the government for their bold vision to liberalize the economy, telecom sector and attract new high-tech industries to Ethiopia. We completed the factory in record time despite the challenges faced by Covid. We are committed to serving the people of Ethiopia and provide them with the best technology possible.”
Mr. Prateek Dayal
Executive Director
Entrepreneur and Business Leader with 25+ years of experience
across different industries. Managing Director of Global DWC, Serial
Entrepreneur, Investor and Member of the Board of Directors of
multiple organizations.
“The benefits of this facility are immense. It is a complete game changer as this puts Ethiopia into the few elite countries in Africa capable of manufacturing and exporting Smartcards. The facility is built to world class standards keeping in view the requirements of this industry. We invested in the best German equipment to ensure the highest standards of quality. We have a long-term vision, and we will move into the banking and National ID sectors soon.”