Blue Cloud Softech Solutions shares touched a day high of ₹20.00 on the BSE after signing an MoU with Liberia’s government.
The MoU, signed on 31 July 2026, brings together Blue Cloud Softech, the Liberian Ministry of Posts and Telecommunications, and the Global Council for Investment and Business for Africa.
Together, they plan to work on Liberia’s National Digital Infrastructure Project, a large-scale initiative meant to build the country’s digital backbone: data infrastructure, cybersecurity systems, and government digital services, all under one programme. The scope covers several areas.
This includes a national data centre and cloud infrastructure, a cybersecurity operations centre, a digital identity and payments system, e-government services, 5G network infrastructure, and artificial intelligence initiatives, along with training and workforce development for local talent.
The project is expected to be developed through a Public-Private Partnership, and if things move forward as planned, the parties intend to set up a joint Special Purpose Vehicle under Liberian law to manage it.
It’s worth noting that this MoU is non-binding at this stage. Blue Cloud Softech’s actual involvement, including any financing or implementation, still depends on feasibility studies and formal agreements that haven’t been signed yet.
No money is changing hands under the MoU itself. This isn’t the company’s first move in the region either. It comes shortly after a separate, non-binding expression of interest in Liberia’s mining sector in late July, and an earlier MoU in Senegal back in April for a “Digital Factory” joint venture.
CEO Mudraganam Chandrashekar said the Liberia deal builds on that same partnership model with GCIB Africa, calling it proof that the approach can scale across West Africa.
By the end of Monday’s session, Blue Cloud Softech Solutions shares closed at ₹19.78, up 1.44% for the day.
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