
Masiyiwa loses $600 million but pushes ahead with Africa’s first AI factory
His net worth has fallen to $1.2 billion, down from $1.8 billion in January, part of a steady slide since 2022, when his fortune peaked at $3 billion.
His net worth has fallen to $1.2 billion, down from $1.8 billion in January, part of a steady slide since 2022, when his fortune peaked at $3 billion.
The facility, which is set to launch in South Africa by June 2025, will provide businesses, governments, and researchers with world-class AI computing capabilities.
The AI factory will integrate NVIDIA’s accelerated computing and AI software using the NVIDIA Cloud Partner (NCP) reference architecture.
Strive Masiyiwa believes a stronger local investment ecosystem would create a more sustainable future for entrepreneurs across the continent.
Their influence extends across industries that define the country’s financial pulse: telecommunications, real estate, mining, energy, retail, and finance.
Funding supports debt refinancing, restructuring, and expansion across Africa and globally, solidifying its position as a technology leader.
Strive Masiyiwa, a Zimbabwean-born billionaire, has used his wealth and influence to drive transformative philanthropic efforts across Africa, from education and healthcare to economic development and digital innovation.
The partnership seeks to advance technological innovation across Africa, with an emphasis on enhancing financial inclusion and fostering innovation in the MENA region.
Liquid aims to improve internet access, supporting mobile learning, job creation, and entrepreneurship.
In recent years, Masiyiwa, along with his wife, Tsitsi, has focused on public health challenges, taking a leading role in combating HIV/AIDS, Ebola, malnutrition, and COVID-19.
This underscores Liquid’s commitment to enhancing East Africa's digital infrastructure as competition in the region intensifies.
This milestone, driven by its strategic partnership with Google Cloud services, enables Liquid C2 to deliver direct, high-speed access to Google Cloud