Google pledges $ 10 million to help Kenya’s financial restoration

SE President Uhuru Kenyatta will take part in an event of the Corporate Council on Africa on Wednesday, January 27, 2021
SE President Uhuru Kenyatta will take part in an event of the Corporate Council on Africa on Wednesday, January 27, 2021

Google has allocated $ 10 million (1.1 billion Kenyan shillings) to aid Kenya’s economic recovery, Sundar Pichai. Google and Alphabet CEO said.

Pichai announced it on Wednesday during a virtual meeting with Kenyan President Uhuru Kenyatta to find out how the tech giant can help Kenyan businesses and communities recover from the challenges of the COVID-19 pandemic.

In September 2020, Google became announced Assisting African companies, job seekers and educational institutions in dealing with the pandemic.

Since then, the company has worked with over 300,000 Small and medium-sized businesses to digitize their businesses and give them an online presence by creating business profiles and business pages for Google.

“To further support the economic recovery in Kenya, we are allocating an additional $ 10 million to provide small business loans, support for technology startups, and grants for underserved communities. More will be learned about how we can help more people and businesses in Kenya and across Africa, ”Pichai said during the meeting.

The meeting comes barely a week after Alphabet Inc announced it would close its Loon internet balloon business, which aims to offer a lower-cost alternative to cell towers. In Kenya, the company had teamed up with Telkom Kenya to provide 4G network access across the country.

In the partnership announced on Thursday, Google announced that it has also provided a platform that allows business owners to access global markets for their products using their “Market Finder”.

Agnes Gathaiya, country director of Google Kenya and East Africa, said the company helped Kenyans in formal and informal occupations affected by the pandemic and looking for new opportunitiesGrow with Google ‘.

“According to the Ministry of Public Service, Youth and Gender, youth unemployment is estimated at up to 35 percent, with around 800,000 young Kenyans entering the labor market each year. We believe that by integrating digital education into technical and vocational education and training, we can equip young people with the right skills to drive this change, ”she said.

Comments are closed.