Speaking at a conference in Geneva on Monday, leaders of African nations expressed their support for a UN-sponsored voluntary tax on wealthy nations designed to provide IT development resources for poor nations.
The levy is intended to support the 'Digital Solidarity Fund', established by the United Nations in 2003 to provide technology such as satellite telephone links and the internet to impoverished nations, in order to stimulate economic development despite their relative lack of infrastructure.
According to Reuters, both Algerian President Abdelaziz Bouteflika and Senegalese President Abdoulaye Wade argued that the tax was essential to the development of developing nations in the Southern Hemisphere.
Geneva was reportedly the first city to adopt the voluntary tax, and imposes a 1% levy on the profits made by its technology suppliers. However, conference officials told Reuters on Monday that several other countries, regions and cities were considering introducing the tax.
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