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Google Commits KSH 1 billion to Support Kenya’s Economic Recovery

Google has opened a product development center in Nairobi, its first in the continent, to build products and services for the African market.

Google’s CEO Sundar Pichai announced on Thursday that the tech giant is committing $10 million (KSH 1 billion) to help drive economic recovery in Kenya. 

Part of the grant, Ksh 3 million will go towards supporting small businesses, Ksh 5 million for startups and Ksh 2 million for charity, and other investments lined up by his organization to the country. 

Sundar announced the grant during a virtual meeting with President Uhuru Kenyatta in an event hosted by the Corporate Council on Africa. 

President Kenyatta thanked Google for working closely with the Kenyan Government in driving digital transformation across the country in the 13 years of its operations in Kenya. 

“You have been a good part of that journey. A journey that has enabled many Kenyans through the use of technology and digitization to access financial services, knowledge and to enhance their business capacities,” the President told Mr. Pichai. 

 

Multimedia platform providing analysis of business & financial news in East Africa.

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