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Africa Gets An Update on Google’s $1 Billion Investment

“We believe in growing an open and healthy ecosystem of technology solutions to support Africa’s digital transformation goals” – Google

Amira Praise

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Google proposed $1 billion investment in Africa | (Smarttechvillas)

Keynotes

  • The tech giant says that by 2030, the South African cloud region will help create more than 40,000 new jobs and add more than USD 2.1 billion to the country’s GDP.
  • Nairobi will be home to Google’s first product development centre in Africa. 
  • By 2025, the Internet economy in Africa could be worth up to $180 billion, which is about 5.2% of the continent’s GDP. 
  • Equiano, a cable that runs under the ocean and now connects St. Helena, Togo, Nigeria, Namibia, and South Africa to Europe, is one of these achievements. 
  • This will make Nigeria’s GDP go up by USD 10.1 billion, South Africa’s by USD 7 billion, and Namibia’s by USD 260 million.

On October 5, 2022, Google made public its plans to open its first African Google Cloud region in South Africa. The announcement was made at the second annual Google for Africa event, and it’s the latest proof that Google is living up to its promise of a $1 billion investment.

In Africa, the new Cloud Region will aid users, developers, businesses, and educational institutions in digitising more resources, expanding their reach to customers, and thereby generating new employment opportunities.

AlphaBeta Economics did a study that Google Cloud asked them to do. It says that the South African cloud region will add more than USD 2.1 billion to the country’s GDP and help create more than 40,000 new jobs by 2030.

“We believe in growing an open and healthy ecosystem of technology solutions to support Africa’s digital transformation goals,” said Niral Patel, director of Google Cloud Africa. This will help more businesses in Africa. He also said, “We run the cleanest cloud in the industry to support sustainable digital transformation as part of our company-wide mission to care for the environment.”

To complement the cloud region, we are also extending our network via the Equiano undersea cable and constructing dedicated cloud interconnect sites in Johannesburg, Cape Town, Lagos, and Nairobi. By doing this, we are creating a fully functional cloud infrastructure in Africa.

Customers all over the African continent are already benefiting from Google Cloud’s assistance in overcoming obstacles to going online, modernising their infrastructure, and maximising the potential of their businesses through the use of Google Cloud. Google Cloud works with TakeAlot to make sure that its three million South African customers have a good time when they shop online.

TakeAlot relied on Google Cloud to construct its e-commerce platform, which has helped the company stay up and running during peak shopping periods like Black Friday. Twiga Foods is a technology-driven company that aims to address and improve food security in Africa. During their time in Kenya, Google Cloud assisted the company in connecting 1,000 farmers to 140,000 vendors, facilitating the daily delivery of 12,000 orders, and storing 2 million kilogrammes of fresh produce.

Google investment for Africa | (Smarttechvillas)

“Our National Development Plan 2030 calls for stimulating growth in the ICT sector and innovation by driving public and private ICT investment, especially in network upgrades and expansion,” said Philly Mapulane, South Africa’s Deputy Minister of Communications and Digital Technologies. In this regard, Google’s recent efforts have been very promising.

The Equiano cable just arrived in Cape Town, and the faster speeds and lower prices for Internet access that it can bring could make a lot more South Africans use the Internet.”

Google’s first African product development centre will be in Nairobi. The company said earlier this year that it planned to open the center.

More than 45 million people in Central Africa speak Lingala, one of the 24 new languages supported on Google Translate.

On Tuesday, Google announced the launch of voice typing support for nine more African languages in Gboard, the Google keyboard (IsiNdebele, IsiXhosa, Kinyarwanda, Northern Sotho, Swati, Sesotho, Tswana, Tshivenda, and Xitsonga). To further improve the utility of Google Maps, the company has updated its Street View in Kenya, South Africa, Senegal, and Nigeria with nearly 300,000 kilometres of new imagery. This aids Google Maps users in virtually exploring and navigating neighbourhoods. With the addition of Rwanda, Street View is now available in eleven different countries across Africa.

Meanwhile, by 2025, it is estimated that Africa’s Internet economy could be worth $180 billion, or about 5.2% of the continent’s GDP. Google’s Developer Scholarships and Career Certifications, as well as the Hustle Academy and Google Business Profiles, are two of the many ways that the company helps African entrepreneurs grow and develop their skills.

Google Africa 2022

Over the past 9 months, Google has invested $50 million through its Africa Investment Fund in three companies: SafeBoda, a transportation app in Uganda and Nigeria; Carry1st, a mobile gaming startup in South Africa; and Lori Systems, an e-logistics company based in Kenya.

“We are collaborating with governments, policymakers, NGOs, telcos, business leaders, creators, and media to speed up Africa’s digital transformation,” Nitin Gajria, Managing Director of Google Africa, said. Further, “It is the talent and drive of the individuals in the countries and communities of Africa that will power Africa’s economic growth,” he says.

Equiano, a subsea cable now connecting St. Helena, Togo, Nigeria, Namibia, and South Africa with Europe, is one such accomplishment. It is anticipated that this cable will bring faster and cheaper Internet to the continent. According to a recent economic impact assessment done by Africa Practice and Genesis Analytics, the cable is expected to speed up economic growth by 2025. This will increase GDP by USD 10.1 billion in Nigeria, USD 7 billion in South Africa, and USD 260 million in Namibia.

Because of the growth of the digital economy and related industries, Equiano should also indirectly create 1.6 million jobs in Nigeria, 180,000 jobs in South Africa, and 21,000 jobs in Namibia.

“This event provides a quintessential platform for us as Africans, together with our partners, to demonstrate the importance of helpful partnerships between governments and the private sector in addressing African challenges,” said Vice President Dr. Mahamudu of Ghana. 

The Government of Ghana is pleased with the many outcomes of its collaboration with Google.

Through a $40 million cash and in-kind commitment, Google is also helping nonprofits in Africa improve people’s lives.

Uganda’s AirQo was awarded $3 million to help them expand their work monitoring air quality from Kampala to ten cities across five countries on the continent, and 7,500 career scholarships were given out to help young people learn new skills and build careers in the previous year. Google recently teamed up with the United Nations to start the Global Africa Business Initiative (GABI). GABI is a global partnership that aims to speed up Africa’s economic growth and make sure it can keep growing for the long term.

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My name is Amira Praise, and I'm an Aspirant for medicine. I am also a freelancer. A crypto and forex enthusiast.