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Reliance will initially invest about $46.2 million in units of Mercury Holdings SG Pte, which is a joint venture (JV) between Brookfield Infrastructure and US-based real estate investment trust Digital Realty.
The 5th South Africa Investment Conference, held in Johannesburg, has provided a significant boost to the country's digital economy.
In his latest weekly newsletter, Cyril Ramaphosa ?writes that investments in SA's digital economy have grown exponentially, but warns that the electricity crisis and the theft and destruction of ICT infrastructure must be addressed urgently.
President Cyril Ramaphosa says the launch of a demand-led skills development model will provide R800 million to fund digital skills training for unemployed youth.
The National Skills Fund is expected to launch a training package in digital skills for unemployed youth in the country.