Microsoft is investing ZAR 5.4 billion ($3 million) to enhance cloud and AI in South Africa, adding to its ZAR 20.4 billion investment over the last three years. This initiative includes training one million South Africans in digital skills by 2026. President Cyril Ramaphosa and Microsoft’s Brad Smith highlight the significance of this investment for the local economy and future workforce development.
Microsoft has announced a significant investment of ZAR 5.4 billion (approximately $3 million) aimed at expanding its cloud and artificial intelligence (AI) infrastructure in South Africa. This new commitment builds upon the company’s previous investments of ZAR 20.4 billion (around $1.1 billion) made in the past three years, which included the establishment of data centers in Johannesburg and Cape Town.
The investment is seen as a positive affirmation of South Africa’s economic potential. President Cyril Ramaphosa 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 stand as further testimony to this enduring confidence.”
Additionally, Microsoft plans to enhance the digital skills of one million South Africans by 2026. This initiative includes funding the certification of 50,000 individuals in areas such as AI, data science, cybersecurity analysis, and cloud solution architecture, thereby investing in the nation’s workforce.
Brad Smith, Vice Chair and President of Microsoft, emphasized the company’s long-standing commitment to South Africa, stating, “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.”
In conclusion, Microsoft’s recent investment in South Africa marks a substantial commitment to enhancing the country’s cloud and AI infrastructure. Furthermore, the initiative to train one million individuals in digital skills illustrates the company’s dedication to fostering economic growth and workforce development. These efforts not only strengthen Microsoft’s presence in the region but also serve to reinforce the confidence in South Africa as a viable business environment.
Original Source: www.technologyrecord.com
