Microsoft is investing R5.4 billion in South Africa by 2027 to expand its cloud and AI services, building on a previous R20.4 billion investment. The initiative includes skilling one million individuals and aims to address critical digital skills gaps while fostering economic innovation. Microsoft’s sustainability commitments further highlight its dedication to the region’s growth.
Microsoft has announced a significant investment of R5.4 billion (approximately $273 million) in South Africa to enhance its cloud and AI infrastructure by 2027. This new funding complements the company’s previous R20.4 billion investment, which led to the establishment of enterprise-grade data centers in Johannesburg and Cape Town. This initiative targets startups, large companies, SMEs, and government bodies to adopt cloud and AI solutions for improved efficiency and innovation in the local economy.
President Cyril Ramaphosa expressed that Microsoft’s long-standing presence in South Africa signifies confidence in the nation and its economy. He emphasized that today’s strategic investments by Microsoft are additional confirmations of their faith in the region.
Brad Smith, Microsoft’s president, noted that the company has been committed to South Africa for over three decades. He stated that this investment aims to help South Africans create a future where technology enhances prosperity and provides essential skills for youth.
Facing the challenge of a critical skills gap, Microsoft aims to train one million South Africans by 2026. As part of this effort, the company will fund certification exams for 50,000 young individuals to acquire crucial digital skills in high-demand areas like AI and cybersecurity within the next year.
In 2024, Microsoft has already trained over 150,000 individuals in digital and AI skills, with many gaining certification and employment through the Skills for Jobs program. The company has also donated over $100 million in software to South African educational institutions and nonprofits, further underscoring its commitment to community development.
Microsoft envisions South Africa as a leader in Africa’s AI technology production. According to a UN report, there is a pressing need for infrastructure investments and regulatory improvements in AI governance.
The AI infrastructure in South Africa will follow Microsoft’s AI Access Principles to promote public access to beneficial AI technologies. Furthermore, Microsoft shared updates on its sustainability efforts, detailing goals to become carbon negative, water positive, and zero waste by 2030. It has emerged as one of the largest buyers of carbon-free energy globally and is actively working on various water replenishment projects while surpassing its land protection targets.
Through these initiatives, Microsoft is dedicated to addressing sustainability challenges while fostering growth in South Africa’s economy and enhancing its digital landscape.
Microsoft’s investment of R5.4 billion aims to boost South Africa’s cloud and AI infrastructure, following a previous R20.4 billion investment. The initiative emphasizes training and certifying young South Africans in critical digital skills, with a commitment to fostering innovation and economic growth. Microsoft’s sustainability goals further reinforce its dedication to social responsibility and environmental stewardship in the region.
Original Source: www.zawya.com