Global technology giant, Google, has affirmed its commitment to invest one billion dollars to improve Africa’s digital transformation.
The company’s Chief Executive Officer, Sundar Pichai, who made this announcement during the Google for Africa virtual event on Wednesday, said the investment, which will run for five years, was aimed at improving a range of initiatives in Africa and funding startups.
He expatiated: “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 technology expert added.
In his remarks on the one billion dollar investment, Managing Director for Google in Africa, Nitin Gajria, noted that African developers and startup founders were capable of solving Africa’s biggest problems, hence the need for investment.
Gajria said: “I am so inspired by the innovative African tech startup scene. In the last year, we have seen more investment rounds into tech startups than ever before.
“I am of the firm belief that no one is better placed to solve Africa’s biggest problems than Africa’s young developers and startup founders. We look forward to deepening our partnership with, and support for, Africa’s innovators and entrepreneurs.”
