Opera $100 million investment to boost Africa’s digital economy

The company will use the investment to speed up internet adoption in Africa and strengthen the internet ecosystem with local partners.Africa is on its way to transform itself into digital continent with the rapid adoption of mobile internet.
For the past five years, the Opera Mini browser has been a key facilitator in bringing more than half of Africa’s internet population online by featuring tools for lowering data costs.
Opera, the developer of popular mobile browser in Africa, has announced its plan to invest $100 million (N30 billion ) over the next two years to facilitate the growth of Africaently, the company celebrated 100 million monthly users in Africa and is now focusing on making the next generation of web browsers to cater the needs of African internet users.
Developing AI-powered news engine with compression technology for Africa According to a GSMA Intelligence report, the biggest consumer barriers to internet adoption in most African countries are the lack of digital skills and awareness, locally relevant content and affordability.
To bring more first-time internet users without the fear of high data costs or lack of local relevant content, Opera invests in developing a state-of-the-art artificial intelligence engine for smartphone users that will ensure content discovery is at the heart of the browser. Opera users in Africa will get fully personalised and localised content delivered to their browser, the entry point for their internet experience while the data usage can be reduced up to 90%.n digital economy.
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