Google’s $1bn Africa investment sparks tax debate

Economic news

Google announced $1bn of investments in Africa’s digital transformation. Over the next 5 years, it will focus on improving connectivity, backing African tech startups and entrepreneurs, and renewing Google’s non-profit commitments on the continent. One of the initiatives is the Google sub-sea cable project stretching to South Africa, Namibia, and Nigeria. However, the tech giant’s investment plans have sparked a debate about whether Google should pay more tax in the African countries in which it operates.

Source : African Business Magazine

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