Microsoft to spend $100m on Kenya, Nigeria tech development hub

Microsoft Corp will invest $100 million to open an Africa technology development centre with sites in Kenya and Nigeria over the next five years, the company has said.

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.

Microsoft will hire more than 100 local engineers to work in the new Africa facility in both countries to customise its applications for the African market and to develop new ones for the continent and beyond, it said in a statement.

Credit: Reuters