Google to invest $1bn in Africa

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Search giant, Google is to invest $1 billion over the next five years in Nigeria, South Africa, Kenya and others for the region’s digital transformation.

The investment focuses on enabling fast, affordable Internet access for more Africans; building helpful products; supporting entrepreneurship and small businesses; and helping nonprofits to improve lives across Africa.

The announcement was at the first ever Google for Africa event, held virtually and livestreamed. The planned $1 billion investment announced by Chief Executive Officer of Google and Alphabet, Sundar Pichai, will help enable affordable Internet access and building helpful products; boosts entrepreneurship and technology; empowering businesses, which embark on digital transformation, and renewed funding for nonprofits in the region.

Pichai explained that Google is building global infrastructure to help bring faster Internet to more people and lower connectivity costs.

He said the subsea cable Equiano will run through South Africa, Namibia, Nigeria and St Helena and connect the continent with Europe.

The Google CEO, who said Internet access is also hampered by the affordability of smartphones, said Android has developed a device locking technology as part of the Android platform that will enable partners to offer financed devices.

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