Google Announces Plan To Invest $1Bn In Africa

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Goggle has announced a plan to invest $1 billion over the next 5 years to support Africa’s Digital Transformation.


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Goggle has announced a plan to invest $1 billion over the next 5 years to support Africa’s Digital Transformation.
The announcement was made by the multinational technology company during the first #Google4Africa. Google CEO, Sundar Pichai argues Google can do more to bring the benefits of technology to Africa.
He said, “we’ve made huge strides together over the past decade -- but there’s more work to do to make the internet accessible, affordable and useful for every African. Today I’m excited to reaffirm our commitment to the continent through an investment of $1B over five years to support Africa’s digital transformation to cover a range of initiatives from improved connectivity to investment in startups.”
The money will be used for a number of different projects including making internet access more affordable, investing in entrepreneurship and technology, empowering businesses with their digital transformation as well as renewed funding for nonprofit organisations on the continent.
Pichai concluded, “we have so much opportunity ahead as Africans shape the next wave of innovation thank you for the chance to be a part of it”.
South African Minister of Small Business Development, Stella Tembisa Ndabeni-Abrahams, highlighted the importance of collaboration between the government and the private sector. She voiced her delight at Google’s efforts in dedicating more resources to assist small businesses during the Covid-19 pandemic.
Ndabeni-Abrahams has commended Google for training more than 5 000 black South African women with regard to digital skills as well as having entered a partnership with SA’s government to train South African SMME’s in the tourism sector.
“I wish to further call upon Google and other private sector companies to collaborate with the government to ensure that we must share more resources towards supporting SMME’s in order to drive our economic recovery together we can do more,” said Ndabeni-Abrahams.

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