With its massive subsea Internet cable, Google says it’s playing the long game in Africa

At the first Google for Africa event held today, October 6, 2021, global Internet giant, Google, has announced significant initiatives for the African continent. They include a $50 million venture fund for black-led African startups, small business loans, grants for non-profits, and most importantly, the launch of Equiano, a subsea Internet cable to increase Africa’s Internet capacity

In partnership with Safaricom, Google will also be kick-starting a device financing plan to ensure people actually have smartphones and other Internet-enabled devices to access the Internet.

A little over a year ago, Google announced similar initiatives and affirmed plans to deepen Internet access in Africa and contribute to the continent’s digital transformation. While we could open discussions about Google’s impact later, CEO, Sundar Pichai, reaffirmed this again today. 

“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.” Continue reading

Image: techpoint.africa

Africa Tech Digest

Founded in 2018, Africa Tech Digest is the go to destination for a collection of tech news coming out of Africa and her Diaspora.

Recent Posts

TECNO Brings Ultra-steady and Ultra-clear Gimbal Camera Phone CAMON 18 Premier

The new CAMON 18 Premier brings together the best of the CAMON series, such as…

3 years ago

What Happened to MXit? SA’s Own Super-Popular Chat App

South Africa’s communications minister said today that this week’s massive social media outage of Facebook…

3 years ago

eNaira: How much control does a private blockchain give the CBN?

On Thursday, July 22, 2021, the Central Bank of Nigeria (CBN) revealed that the pilot…

3 years ago

FNB Launches 2 New Digital Payment Solutions for SMEs

FNB South Africa, one of the country’s top lenders, has announced today the launch of…

3 years ago

Google sets up $50M fund to invest in African startups

Google plans to invest up to $50 million in African early and growth-stage startups via…

3 years ago

YC-backed Amenli raises $2.3M to provide insurance to Egyptian consumers

The average penetration rate for insurance in Africa is between 3% to 5%. South Africa…

3 years ago