Microsoft (MSFT, Financial Data) announced Investing $ 290 million to expand Cloud infrastructure and artificial intelligence in South Africa by 2027.
This procedure depends on the company’s previous investment of $ 1.1 billion in Cape Town and Johannesburg.
The latest investment is to enhance access to cloud services operating on behalf, and thus support companies, government agencies and startups. Cyril Ramavusa, President of South Africa, received news as evidence of the belief in the nation’s economy.
Microsoft will pay certificates tests for 50,000 South Africa in Amnesty International, Data Science, Cyber Security, and the program’s cloud computing part. To bridge the country’s digital skills gap, the company also pledged a million South Africa by 2026 for training. Brad Smith, Vice President of Microsoft and the President, said the initiative complements the company’s long -term initiatives to provide employees with the required technological competencies.
With the emphasis on sustainability as part of the growth of artificial intelligence, the company repeated its commitment to become carbon negative, the positive water, and zero waste by 2030. With a 34 GB portfolio spread in many countries, and expanded its use of renewable energy.
After it was in South Africa for more than thirty years, Microsoft has supported workers ’projects and digital learning. More than 150,000 individuals received training in digital skills and artificial intelligence in 2024; 95,000 of them obtained certificates, and 1,800 of them were appointed. The company said that the recent investment supports its long -term commitment to the help of South Africa’s economy in prosperity and continues to generate employment.
This article appeared for the first time on Gurufocus.