Google has announced that it is committing $10 million to help drive economic recovery in Kenya.
This was disclosed at an event hosted by the Corporate Council on Africa which featured Sundar Pichai, CEO of Google and Alphabet, and H.E President Uhuru Kenyatta.
According to the tech giant, the $10 million (around 1.1B Kenyan shillings) will be focused on the following areas:
- USD 2M (220M Kenyan shillings) to local nonprofits via Google.org, to help underserved communities recover from the pandemic;
- USD 3M (330M Kenyan shillings) in small business loans to help Kenyan business people & entrepreneurs get through the economic hardship created by COVID-19;
- USD 5M (550M Kenyan shillings) to support Kenyan tech startups.
This is not the first time Google is announcing grants for Afrcan countries.
In September 2020, the tech giant revealed it would support African businesses, job seekers, and educational institutions in navigating the pandemic.
Through Google for Education, the tech giant has trained over 2,000 teachers, educators, and guardians on remote teaching and learning, and online safety.
Also, 20 Kenyan technology-enabled companies have graduated from our Google for Startups Accelerator programs, where entrepreneurs receive access to Google’s mentors, products, and best practices.
- How to Manage Employee Hours Without the Hassle - 12/14/2024
- New Report Reveals Potential of Harnessing AI Innovations To Create a Thriving Labour Market for Africa’s Youth - 12/05/2024
- New Report Calls For Inflation-adjusted Compensation and Improved Training Support to Retain Talent in Nigeria’s Finance Sector - 12/03/2024