Cassava pledges R4.5bn investment in SA economy

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Digital services and infrastructure provider CassavaTechnologies has pledged a total of R4.5 billion towards supporting SA’s ICT sector, through its Liquid Intelligent Technologies, AfricaDataCentres and Distributed Power Africa business units.

Digital services and infrastructure provider

Established in 2018, the annual investment conference provides a platform to showcase new investment opportunities in SA by attracting local and global leaders from business, government and the investment community, to forge relationships and explore ways to reignite economic growth.

“The country's unique combination of highly-developed first world economic infrastructure and a stable macro-economic environment affords businesses like ours a conducive investment environment in which we can partner with government to drive economic development and create jobs." It points out that SA’s $6.75 billion ICT sector represents one of Africa's most investment-attractive and growth-bound industries today.in the number of internet users in SA from the pre-pandemic period to the winding down of the lockdowns – to an estimated 40.8 million internet users in SA, according to the SA Social Media Landscape 2022 study.

 

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