secures - eriinfo

MultiChoice-backed Wetility secures R500m funding

eriinfo.com2 weeks ago04 mins

Wetility and Jaltech anticipate this deal will enable the deployment of solar energy to hundreds of thousands more homes and businesses. MultiChoice-backed solar-as-a-service provider Wetility has successfully secured a R500 million structured capital partnership with Jaltech, a funder of solar energy projects in South Africa. Wetility says the transaction marks a milestone in the company’s…

WeThinkCode secures R35-million Google.org grant to nurture AI talent

eriinfo.com3 weeks ago04 mins

WeThinkCode, the organisation launched to develop a programming talent pipeline for companies, has secured R35-million in grant funding to develop and run an AI training programme. The US$2-million grant, from Google.org, will “dramatically expand” WeThinkCode’s artificial intelligence programmes, with a plan to train 12 000 people in South Africa and Kenya in what it calls “critical…