Huawei South Africa CEO Spawn Fan announced that Huawei Cloud will invest R100 million ($6 million) in 1000 startups over the next three years at Huawei’s Eco Connect 2022 event which took place on Friday. The innovation center is aimed at fostering ICT talent and growing small, medium and micro enterprises (SMMEs) in the sector. “South Africa is an important strategic market for Huawei Cloud,” Leo Chen President of Huawei Southern Africa said. He also outlined Huawei’s commitment to helping drive South African innovation through initiatives such as its Open Lab, Joint Innovation Center, and POC Lab. “We want our partnerships to help South African companies build South African solutions,” he said.

Source: The North Africa Journal July 09, 2022 03:42 UTC