Google Shares Its African Product Development Center Debut Plans

Alphabet Inc's GOOG GOOGL Google invested in its Africa product development center debut in Nairobi, looking to host 800 million internet users and a third of the world's youth population by 2030.
Its peer, Microsoft Corp MSFT, also invested in technology development hubs in Kenya and Nigeria, pumping $100 million and hiring hundreds of engineers in both countries, Reuters reports.
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Google looked to hire engineers, product managers, user experience designers, and researchers to staff the new center.
Google has already opened an artificial intelligence center in Accra, Ghana.
Last October, CEO Sundar Pichai talked about investing $1 billion in various projects on the continent over five years to help economies accelerate their digital transformation.
Price Action: GOOG shares closed higher by 2.01% at $2,610.62 on Tuesday.