Why US tech giants are betting on Africa

Things have changed with the way big business deals with Africa. Previously a destination for CSR-related activities such as building schools and planting trees, the continent is now very much the investment destination of choice, especially for US tech giants. It’s been quite a turnaround. When, for example, Microsoft was founded in 1975, Nigeria was spiralling back into dictatorship and Portugal still had African colonies in Mozambique and Angola. Now, mobile-first Africa boasts seven of the world’s 11 fastest growing economies, and the likes of Microsoft, Google and Facebook are scrambling for a piece of it. Microsoft itself has led…

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Carol Humphreys