South Africa has launched a R2.5 billion Google Cloud hub, joining a global network that strengthens its digital infrastructure. This initiative is expected to contribute $2.1 billion to GDP and create over 40,000 jobs by 2030, alongside improving the local tech ecosystem through educational programs and startup support.
South Africa has become a significant addition to Google Cloud’s global infrastructure with the launch of a new R2.5 billion hub. This project marks the first of its kind on the African continent, integrating South Africa into Google Cloud’s expansive network comprising 40 regions and 121 zones globally, which enables services to reach over 200 countries and territories.
The introduction of Google Cloud services is projected to boost South Africa’s Gross Domestic Product (GDP) by approximately $2.1 billion and support the creation of more than 40,000 jobs by the year 2030, as stated by Ferdinand Steenkamp, co-founder of Tregter, a Cape Town-based data company.
As Africa’s internet economy is anticipated to grow to $180 billion by 2025, representing 5.2% of the continent’s GDP, the new cloud services will position South Africa at the forefront of the technological advancements in the region. Steenkamp emphasized that this development will significantly enhance local capabilities and innovation.
In summary, South Africa’s inclusion in Google Cloud’s global network demonstrates a substantial investment in the country’s digital infrastructure, promising economic growth and job creation. Through training initiatives and support for local startups, Google Cloud is poised to foster a robust tech ecosystem, significantly impacting the region’s economic landscape by 2030.
Original Source: www.bizcommunity.com
