Google to set up first Africa product development centre
Alphabet Inc’s Google is investing in its first ever Africa product development centre in the Kenyan capital Nairobi. This is because it positions itself to serve a growing base of internet users on the continent. By the end of this decade, the continent will host 800 million internet users, the California-based firm said. A third of […]
Africa calls for climate finance tracker
African countries want a new system to track funding from wealthy nations that are failing to meet a $100-billion annual target. Africa’s lead climate negotiator said that this is to help the developing world tackle climate change. The demand highlights tensions ahead of the COP26 climate summit. The world’s 20 largest economies, which are behind […]
Investors see compelling opportunity in Africa’s healthcare
The coronavirus pandemic has showed us prominence in the gap in the healthcare services in Africa. Foreign investors have identified this to be a potential opportunity. For example Nigeria is lagging compared to other countries of the African continent in terms of expenditure and access to healthcare. In Nigeria, public spending on healthcare is about […]