Browsing: Google

Google has committed US$6 million to support African startups as well as underserved communities on the continent.

In a statement, Nitin Gajria, Managing Director for Google Africa, and Rowan Barnett the Head of EMEA said the funding will go towards programs that will reaffirm its commitment to Africa.

The programs include a $3 million USD Black Founders Fund for African startups and a $3 million USD grant to help low-income communities develop entrepreneurial skills and funding.

The funding is expected to help African founders grow their businesses not only by providing capital but also by providing access to the best of Google resources.

At the same time, Google has also invited 15 companies from across the continent to the sixth class of the Google for Startups Accelerator: Africa program

Startup Fund

The Google for Startups Black Founders Fund Africa provides grants and technical assistance to early-stage startups led …

Google supports Egypt’s digital transformation with $9m

Google has launched a programme to support Egypt’s digital transformation through a $9m technological training programme according to Hisham Al-Nazer, Director of Google Egypt.

The director said that the moves come at a time when covid-19 pandemic has changed the mode of doing business with people turning to the internet to either buy or sell products and services.

While launching the program, Al-Nazer noted that during the period from March to September 2020, Internet search rates increased by about 43 per cent.

The training is expected to benefit more than one million companies and individuals through the learning of digital skills and develop their businesses before the end of 2021.

He added that Google will secure about  $9 million in funding and advertisements as grants to governments and companies while a total of $4 million has been allocated in the form of financial grants and loans to help small companies.…