Google has said it will invest $1bn over five years to support digital transformation in Nigeria and other African countries.
The company added that this investment will lead to a 21 per cent drop in internet prices, and a five-fold increase in internet speed in Nigeria.
This was disclosed at the first Google for Africa event that held yesterday.
Managing Director for Google in Africa, Nitin Gajria, said, “Google remains committed to being helpful to every African business, person and classroom.
He added that between 2022 to 2025, Equiano would indirectly create 1.7 million jobs in Nigeria and South Africa because of the expansion of the digital economy and peripheral sectors.
