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NAIROBI, May 14 (Reuters) - Microsoft Corp MSFT.O will
invest $100 million to open an Africa technology development
centre with sites in Kenya and Nigeria over the next five years,
the company said on Tuesday.
Global tech giants, including Alphabet Inc GOOGL.O and
Facebook FB.O , 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.
"In addition, it is an opportunity to collaborate with
partners, academia, governments and developers, driving impact
and innovation in sectors important to the continent," the
company said, citing financial technology, farming technology
and off grid energy.
Engineers at the new Africa development centre will build
applications using artificial intelligence, mixed reality and
machine learning, Microsoft said.
The company already has six other development hubs located
elsewhere in the world. The new Africa development hub will also
support Microsoft's established businesses such as Office, Azure
and Windows, the company said.