Cisco invests ZAR 140 mln towards digitising South Africa
6 September 2019
Cisco has announced a ZAR 140 million investment in South Africa, aimed at job creation through incubation centres, skills development, and national cyber security. Minister of Communications and Digital Technologies Stella Ndabeni-Abrahams, and Clayton Naidoo, the general manager for Sub-Saharan Africa at Cisco, have signed a memorandum of understanding (MoU) outlining areas of co-operation. The MoU is part of Cisco's Country Digital Acceleration (CDA) initiative, and contributes to South Africa's National Development Plan 2030, the company says.
Cisco CDA is a global programme aimed at accelerating national digitisation agendas to support job creation, innovation, and economic growth in sustainable and equitable communities. Since the launch of CDA four years ago, Cisco has worked with a number of countries, including on smart city and utility grids, and digitising hospitals, schools and ports.