Microsoft is investing ZAR 5.4 billion ($3 million) to enhance cloud and AI infrastructure in South Africa, building upon ZAR 20.4 billion invested in data centers over the last three years. The initiative includes training one million South Africans in digital skills, with a focus on certifications in high-demand tech fields. President Cyril Ramaphosa emphasized this investment as a sign of confidence in South Africa’s economy and opportunities for business.
Microsoft has announced an investment of ZAR 5.4 billion (approximately $3 million) to expand its cloud and artificial intelligence infrastructure in South Africa. This agreement builds upon the company’s prior contributions, totaling ZAR 20.4 billion ($1.1 billion) over the past three years, which facilitated the establishment of data centers in Johannesburg and Cape Town.
Cyril Ramaphosa, President of South Africa, remarked, “Beyond blazing a trail in the local technology space, the longstanding presence of Microsoft in South Africa is a vote of confidence in our country and in our economy. The strategic investment announcements made by Microsoft today stands as further testimony to this enduring confidence.” This investment reinforces the notion that South Africa remains an attractive destination for business and investment.
In addition to infrastructure development, Microsoft is committed to enhancing digital proficiency in the region. The company has pledged to train one million South Africans by 2026, including funding for 50,000 individuals to achieve Microsoft certifications in areas such as artificial intelligence, data science, cybersecurity, and cloud solution architecture.
Brad Smith, Vice Chair and President of Microsoft, stated, “For more than 30 years, Microsoft has been a committed partner to South Africa. This latest investment is part of our broader focus in helping South Africans build a future where technology drives prosperity and young workers have the skills they need to thrive.” This emphasis on skill development aims to empower the South African workforce and stimulate economic growth.
In summary, Microsoft’s recent investment in South Africa, alongside its ongoing initiatives, demonstrates a strong commitment to the country’s technological advancement and economic stability. With substantial investments in data centers and a focus on digital skill training, Microsoft aims to foster a more prosperous future for South Africans, aligning with the nation’s growth potential.
Original Source: www.technologyrecord.com
