South Africa’s government reached a financing deal of R140 million ($10,176,564) with IT company Cisco, the telecom minister, Stella Ndabeni-Abrahams (pictured), announced.
Speaking at a breakfast last week - organized by Brand SA ahead of the World Economic Forum for Africa held in Cape Town from 4 to 6 September 2019, the official said the fund will be invested over a 3-year period to help build the capacity needed for the fourth industrial revolution.
The government intends to provide advanced cyber security training for South Africans with the aim of protecting data and the national economy against cyberattacks.
Under this agreement, Cisco is also expected to establish seven other incubation centers in the country, in addition to the two existing ones (in Gauteng and KwaZulu-Natal), Stella said.
This MoU, let’s note, is part of Cisco's Country Digital Acceleration (CDA) program and will contribute to SA’s National Development Plan 2030.
• Maritime sector faces renewed risks amid military tensions in the Middle East• Blockade fears at S...
Lebara Group is now bringing its affordable and reliable mobile services to Africa, starting with Ni...
• Google unveils Veo 3, its latest AI tool for ultra-realistic video generation• Experts warn deepfa...
In a West African financial landscape marked by tighter regulation of the fintech sector, digital fi...
• Gates Foundation commits $1.6 billion over five years to Gavi.• Bill Gates warns of rising ch...
Libya signed a deal with TPAO to restart offshore exploration across four maritime zones The NOC is marketing 22 blocks and shifting to more...
Congo launched a 30,000-ton oil plant with Eni to supply Italy’s biofuel production. The project will support 80,000 hectares of local crop...
West African Resources began gold production early at Burkina Faso’s Kiaka mine, set to yield 234,000 oz/year. The project aims to reverse...
Liberia ranks 9th in Africa’s 2024 Electricity Regulatory Index, up 28% since 2022. Reforms boosted scores, but power supply remains unreliable,...
In northern Ethiopia, in the Tigray region, lies Axum (also spelled Aksum), an ancient city that once stood at the heart of one of Africa’s most powerful...
Lake Natron, located in northern Tanzania near the Kenyan border, is one of the most extraordinary and extreme lakes in Africa. Fed primarily by the Ewaso...