Google to open Nairobi office for Africa venture

Google headquarters in Mountain View, California. FILE PHOTO

CSquared, a broadband infrastructure company established by Google, has set its sights on African deals after four investors including Google itself signed an agreement to invest up to $100 million (Sh10.3 billion) in the company.

The four investors are Google, pan-African ICT–focused private equity firm Convergence Partners, the International Finance Corporation (IFC), and Mitsui & Co, Japan’s second-largest trading house.

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