{"id":476768,"date":"2022-12-16T13:40:20","date_gmt":"2022-12-16T13:40:20","guid":{"rendered":"https:\/\/www.kapitalafrik.com\/?p=476768"},"modified":"2022-12-16T13:40:28","modified_gmt":"2022-12-16T13:40:28","slug":"cybastion-leads-the-way-to-africa-with-major-deals-signings","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2022\/12\/16\/cybastion-leads-the-way-to-africa-with-major-deals-signings\/","title":{"rendered":"<strong>Cybastion leads the way to Africa with major deals signings&nbsp;<\/strong>"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>\n<p class=\"wp-block-paragraph\">Cybastion, an emerging leader in the field of cybersecurity, took centre stage at side events of the U.S. &#8211; Africa Leaders Summit. The cybersecurity firm was also the platinum sponsor for the US &#8211; Africa Business Forum event. (USABF)\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The USABF event took place on the Summit\u2019s second day (December 14). It was hosted by the White House, the U.S. Department of Commerce, the U.S. Chamber of Commerce, and the Corporate Council on Africa, in partnership with the Prosper Africa initiative.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Speaking at the USABF event on Wednesday, President Biden announced over $15 billion in two-way trade and investment commitments, deals, and partnerships, that advance key priorities, including sustainable energy, health systems, agribusiness, digital connectivity, infrastructure, and finance. He said, \u201cAltogether, the forum has spurred more than $15 billion in new deals, which will turn, lift up, and improve lives of people all across the continent.&nbsp;And that\u2019s the biggest deal of all.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">President Biden also announced a new initiative, the Digital Transformation with Africa (DTA). A signature initiative of the Biden-Harris Administration, DTA will expand digital access and literacy and strengthen digital enabling environments across the continent.&nbsp;He said, \u201cWe are working with Congress to invest $350 million to facilitate more than almost half a billion dollars in financing to make sure more people across Africa can participate in the digital economy.\u201d&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">And in a major coup for Cybastion, the President went on to mention Cybastion in his speech saying, \u201cCisco Systems and Cybastion, a diaspora-owned small business, is jointly announcing $800 million in new contracts to protect African countries from cyber threats.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Some of the deals President Biden refers to were signed at the Summit, with Cybastion signing deals with four African countries, Cote d\u2019Ivoire, Benin, Burkina Faso and Congo, and Coris Bank.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Cybastion, a one-stop shop for all cybersecurity needs, offers cybersecurity solutions, infrastructure, and digital technologies. The company is headquartered in Durham, North Carolina and has a large footprint in Africa, working in 8 countries. Cybastion seeks to bridge the gap between Africa\u2019s cybersecurity and more developed countries with cybersecurity solutions, infrastructure, and digital technologies.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">CEO and President of Cybastion, Dr Thierry Wandji, also spoke at the USABF\u2019s event saying, &#8220;Our uniquely American answer involves a consortium of U.S.-based companies, spearheaded by a diaspora-led company, that is here to help Africa achieve Digital 2.0, where cybersecurity is a shared occupation and where skills development is de rigeur.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Cybastion\u2019s work in building capacity in Africa is particularly important, because as President Biden says, \u201cWhen Africa succeeds, the United States succeeds; quite frankly, the whole world succeeds as well.\u201d<\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>Cybastion, an emerging leader in the field of cybersecurity, took centre stage at side events of the U.S. &#8211; Africa Leaders Summit. The cybersecurity firm was also the platinum sponsor for the US &#8211; Africa Business Forum event. (USABF)\u00a0 The USABF event took place on the Summit\u2019s second day (December 14). It was hosted by<\/p>\n","protected":false},"author":527180,"featured_media":476764,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[12046,12065],"tags":[21008],"class_list":["post-476768","post","type-post","status-publish","format-aside","has-post-thumbnail","category-leaders-en","category-press-releases","tag-cybastion","post_format-post-format-aside","pmpro-has-access"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.7) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Cybastion leads the way to Africa with major deals signings&nbsp; - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. 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