Absa Bank utilizes Amazon Web Services (AWS) for credit risk management infrastructure while serving a portfolio across the African continent.

The entities involved

• Amazon Web Services →

  subsidiary of Amazon that provides on-demand cloud computing platforms on a metered pay-as-you-go basis

  • Amazon is leveraging AI and strategic shifts to reduce operational costs and launch a new efficiency platform for AWS.Mon 16:07
  • Amazon and Google began construction of data centers in Montgomery County, Missouri, amid resident opposition.Mon 08:36
• Absa Bank →

  South African bank

  • GPNC supplied crude oil to Tema Oil Refinery, Absa Bank supported a hackathon, and CEHA charted its transition path.Mon 08:00
  • GNPC supplied crude oil to Tema Oil Refinery, while Absa Bank supported a hackathon for young women.Mon 03:22
• Africa →

  continent

  • Ghana hosts a global conference on reparatory justice, debating colonial legacy and the government-backed repeal of the Code Noir.Mon 17:37
  • El Nino is causing global weather patterns to bring heat and dryness to various regions, testing global food output.Mon 16:37

Related events

• AWS committed $1.5 billion to support infrastructure development across Africa.Sep 12
• Standard Bank is utilizing Amazon Web Services (AWS) for AI and customer data processing across Africa.Sep 22
• South Africa is participating in an Equity Equivalent Investment Programme involving Amazon Web Services, which has a 100% black-ownership criterion and is being discussed with the US Ambassador.Sep 4
• Amazon's financial health is heavily reliant on AWS, while the company navigates market shifts as a leading retailer and outlines future strategy regarding AI and capital expenditure.Aug 16
• AWS partnered the Global Government Finance Summit in Dublin.Sep 17