Google to invest in $1bn in Africa’s digital transformation

All Country Forums

Home Forums African Business Forum Jobs, Opportunities & Investments Google to invest in $1bn in Africa’s digital transformation

  • Author
    Posts
    • AvatarEbigide Jude
      Member

      Google has invested $1 billion towards Africa’s digital transformation over the next five years. This support is targeted at revamping the continent’s digital transformation and focus on enabling internet access that is fast and affordable for the masses.

      In turn, helping them build helpful products while supporting entrepreneurship and small businesses. The announcement came at Google’s first-ever virtually held Google for Africa event. The disclosure of the investment was made by Google and Alphabet CEO Sundar Pichai.

      Google is building a global infrastructure that will bring faster internet to more people while lowering the connectivity costs. Equiano, the subsea cabal will run through South Africa, Namibia, Nigeria, and St Helena – connecting Africa to Europe.

      In further developments, Android has developed a locking device technology as part of the Android platform. Google has further partnered with Safaricom to launch one of the first “Device Financing” plans in Kenya and will expand across Africa with partners such as Airtel, Orange, MKOPA, MTN, Vodacom, Transsion Holdings, etc. The partnership will benefit several first-time smartphone users across the continent.

      Over 300 million people will enter Africa’s online community over the next five years, most of whom are young, entrepreneurial, and creative with a major impetus to drive innovation and opportunity across the region. Since the first Google office opening in Africa, over 100 million Africans have gained internet access for the first time empowering millions of businesses and creators with digital tools.

      Source: https://www.techinafrica.com

      +1
Add New Reply
  • You must be logged in to reply to this topic.
Skip to toolbar