Microsoft to Train 1 Million South Africans on AI Skills

A view shows a Microsoft logo at Microsoft offices in Issy-les-Moulineaux near Paris, France, March 25, 2024. REUTERS/Gonzalo Fuentes/File Photo
A view shows a Microsoft logo at Microsoft offices in Issy-les-Moulineaux near Paris, France, March 25, 2024. REUTERS/Gonzalo Fuentes/File Photo
TT

Microsoft to Train 1 Million South Africans on AI Skills

A view shows a Microsoft logo at Microsoft offices in Issy-les-Moulineaux near Paris, France, March 25, 2024. REUTERS/Gonzalo Fuentes/File Photo
A view shows a Microsoft logo at Microsoft offices in Issy-les-Moulineaux near Paris, France, March 25, 2024. REUTERS/Gonzalo Fuentes/File Photo

Microsoft aims to provide 1 million people in South Africa with artificial intelligence (AI) and cyber security training opportunities by 2026, Lillian Barnard, President for Microsoft Africa, said on Thursday.

Microsoft's (AI) national skilling initiative targets a broad audience, and in South Africa will prioritise all sectors from companies to government and the youth, Barnard said at the company's "AI Tour" in Johannesburg.

She did not disclose the investment figure for the initiative, according to Reuters.

"By providing skilling opportunities and access to industry recognised certifications, our youth will be well positioned to compete on the global stage," Barnard said.

Microsoft, the first global "hyperscale" public cloud provider to build data centres in South Africa, has trained four million Africans in the last five years and has committed to train 30 million Africans in the next five years.

 

 

 



Abu Dhabi's Cryptomining firm Phoenix Group Enters Africa with Power Purchase Deal

Abu Dhabi's Cryptomining firm Phoenix Group Enters Africa with Power Purchase Deal
TT

Abu Dhabi's Cryptomining firm Phoenix Group Enters Africa with Power Purchase Deal

Abu Dhabi's Cryptomining firm Phoenix Group Enters Africa with Power Purchase Deal

Abu Dhabi-listed cryptomining and blockchain conglomerate Phoenix Group has struck an 80-megawatt (MW) power purchase agreement (PPA) in Ethiopia, it said on Wednesday, as it pursues a global diversification strategy by entering the Africa market.

Under the deal, Ethiopian Electric Power (EEP) will provide the energy needed to support Phoenix's bitcoin mining expansion, with supplies due to start in the second quarter.

The firm did not provide details on the location of the facility or the size of the deal, which was signed in partnership with Abu Dhabi cybersecurity firm Data7, it said in a statement, Reuters reported.

"We are aggressively building out our mining capabilities," Phoenix CEO Munaf Ali said, adding the additional capacity would fuel further growth as the company prepares for a dual-listing on Nasdaq.

The company "is actively engaged in discussions with financial institutions and NASDAQ to evaluate the most effective way forward", it said in a separate statement to Reuters, without providing a timeline for the listing.

Phoenix, which counts Abu Dhabi's largest listed firm IHC among its shareholders, operates multiple mining facilities in countries including the UAE, the US and Canada.