CAPE TOWN – An investment of R140 million ($9.2 million) by a US multinational technology conglomerate is poised to enhance South Africa’s digital future.
Cisco has signed the partnership with the government.
The investment focuses on three key areas: job creation through Cisco incubation centres, skills and talent development and National Cyber Security.
A Memorandum of Understanding (MoU) forms part of Cisco's Country Digital Acceleration (CDA) programme and contributes to South Africa's National Development Plan 2030.
Stella Ndabeni-Abrahams, Minister of the Department of Communications and Digital Technologies, said the initiative supported South Africa’s 4th Industrial Revolution (4IR) efforts.