Major Tech Company vows an investment boost in Africa

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ABUJA (CU)_Since the early months of 2020, Working from home has become the new normal as a result of the COVID-19 pandemic. This new trend did produce a host of benefits for many people in the developed world, as Debt moratoriums and government relief measures, along with a decline in social spending meant that people could save more amid the global health crisis. However, this was not the case for populations in Africa where poor internet reliability and the lack of other facilities hampered their ability to continue to work remotely. According to the World Bank, less than a third of people across the continent have access to internet through broadband.

Against such a background, the recent announcement by one of the top technology companies in the world should be a cause for celebration for all African nations. Last week, American multinational technology firm Google LLC hosted its first-ever Google for Africa event which was held virtually, with the participation of representatives from many countries across the region. During the event, the company’s chief executive Sundar Pichai revealed that the tech giant plans to invest a total of US$1 billion over five years, with the aim of supporting Africa’s digital transformation.

According to Pichai, the investment will focus on…

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