Microsoft Corp will invest $100 million to open an Africa technology development...
FILE PHOTO: The Microsoft sign is shown on top of the Microsoft Theatre in Los Angeles, California, U.S. October 19,2018. REUTERS/Mike Blake/File Photo
Global tech giants, including Alphabet Inc and Facebook, have been increasing investment on the continent in recent years to take advantage of growing economies with rising access rates to the internet by a youthful population. “In addition, it is an opportunity to collaborate with partners, academia, governments and developers, driving impact and innovation in sectors important to the continent,” the company said, citing financial technology, farming technology and off grid energy.
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