Microsoft is investing ZAR 5.4 billion ($3 million) to expand cloud and AI infrastructure in South Africa, building on a previous investment of ZAR 20.4 billion ($1.1 billion) for data centers. The company aims to train one million South Africans in digital skills by 2026, reinforcing its commitment to the local economy and technological advancement.
Microsoft has announced a significant investment of ZAR 5.4 billion (approximately $3 million) to enhance cloud and artificial intelligence (AI) infrastructure in South Africa. This move is part of a broader commitment, building on a total investment of ZAR 20.4 billion (around $1.1 billion) over the last three years, which has focused on establishing data centers in Johannesburg and Cape Town.
Cyril Ramaphosa, President of South Africa, emphasized the importance of this investment, stating that it showcases confidence in the nation’s economy. He remarked, “The strategic investment announcements made by Microsoft today stands as further testimony to this enduring confidence. They signal to the business and investor community that South Africa’s economy continues to hold immense potential.”
In addition to infrastructure investments, Microsoft plans to train one million South Africans by 2026 in key digital skills. This initiative includes funding for 50,000 individuals to become certified in areas such as AI, data science, cybersecurity analysis, and cloud solution architecture.
Brad Smith, Vice Chair and President of Microsoft, highlighted the company’s long history in South Africa. He noted, “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.”
The investment aligns with Microsoft’s strategy to support the local technology sector and create a skilled workforce equipped to navigate the demands of the evolving digital landscape.
Microsoft’s $3 million investment in South Africa is a continuation of its commitment to enhancing cloud and AI capabilities in the region. By building on previous investments and pledging to train one million people, Microsoft aims to foster a skilled workforce. This initiative is not only significant for technological growth but also serves as a strong message of confidence in South Africa’s economic potential.
Original Source: www.technologyrecord.com
