Google and Oracle ramp up cloud in Africa to tap $180bn e-Conomy
CLOUD-NATIVE startups in Africa are luring big tech firms to ramp up spending on cloud facilities as demand for cloud services that comply with data protection laws grows. McKinsey forecasts a global cloud value of $3 trillion in 2025, with $797 billion of this value sitting in Africa and Europe. In the same period, the International Finance Corporation (IFC) statistics forecast the continent’s e-Conomy to hit $180 billion, 5.2% of its GDP. Google’s Cloud director, Niral Patel cited the IFC figures, highlighting the burgeoning opportunities for cloud services in Africa. On Friday, February 2, Google Cloud announced that it has…