6 October 2022 | Other

Google expands its presence in Africa

Google has planned a cloud service in Africa as part of a plan to invest about $1 billion.

By doing so, Google has increased competition with Microsoft Corp and Amazon.com Inc and Amazon Web Services in Africa's most developed economy.

Niral Patel, director of Google Cloud Africa, told Bloomberg that Google has placed its cloud infrastructure in South Africa, but users will have a choice of where to store their data.

South Africa will join Google Cloud's worldwide network of 35 cloud regions and 106 zones around the world.

Google believes that cloud services located in South Africa could bring about $2.1 billion to the economy of the country and help create more than 40,000 jobs by 2030.

To build cloud infrastructure on the continent, Google is laying submarine cables and creating cloud interconnections in cities such as Lagos, Nairobi, Cape Town and Johannesburg.

Company MarketCheese
Period: 19.06.2026 Expectation: 1400 pips
Investing in AUDUSD with 0.72750 in sight
Today at 10:41 AM 13
Period: 26.05.2026 Expectation: 2520 pips
Buying BTCUSD with $79,600 target as rebound odds grow
Today at 09:12 AM 10
Period: 26.05.2026 Expectation: 740 pips
Buying Brent crude with $118.40 target amid rising physical deficit
Today at 07:19 AM 11
Period: 19.06.2026 Expectation: 4500 pips
Invest in Tesla shares up to $450
Today at 06:47 AM 9
Period: 18.06.2026 Expectation: 6140 pips
Selling silver down to $70
Yesterday at 11:30 AM 29
Period: 30.06.2026 Expectation: 4500 pips
Go short on USDJPY with intervention zone in sight
Yesterday at 10:25 AM 36
Go to forecasts