Google to invest $1 billion in Africa

Google

A man takes a picture of the logo of the US multinational technology and Internet-related services company Google as he visits the Vivatech startups and innovation fair, in Paris. PHOTO | AFP

What you need to know:

  • Africa, despite commanding a market of 1.2 billion people, remains at the bottom of the global digital economy value chain due to high cost of mobile and fixed internet as expensive smartphones lockout over half of the population from web services.
  • A new subsea cable Equiano is planned to run through South Africa, Namibia, Nigeria and St Helena and connect the continent with Europe.
  • This will add to the already existing 40,000-kilometre 4G and 5G subsea cable by the 2Africa consortium, that connects 19 African countries to Europe and the Middle East.