Google has announced a $10m fund to support economic recovery in Kenya.
The Chief Executive Officer of Alphabet and Google, Sundar Pichai, disclosed this at the Corporate Council on Africa’s dialogue recently.
He said $2m would go to local non-profits, $3m to Small and Medium-sized Enterprises and $5m to technology.
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The CCA was used to deliberate on how digital technologies and partnerships can unlock new pathways for economic growth in Africa.
President and CEO of CCA, Florizelle Liser, said the council was pleased to facilitate the conversation and connect the Silicon and Savannah valleys.
“If COVID-19 has taught us anything, it is that we are better off working together, and our ability to collaborate is critical for post-pandemic economic recovery, both here in the United States and in Africa.
“CCA will continue to engage and support members, as we as work to drive economic recovery and solutions, to promote investment and economic development in Africa,” Liser added.
Kenyan President, Uhuru Kenyatta, said technology had been a driver of growth in the country in the past 20 years.
He added that there was need to translate the role of technology in Kenya into economic opportunity and growth, while imploring partnership between American companies and Kenyan SMEs.
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