• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Sectors Tech News

Google gives updates on $1 billion commitment in Africa

Google today announced its intent to establish a new Google Cloud region in South Africa

Samson Akintaro by Samson Akintaro
October 5, 2022
in Tech News
Google
Share on FacebookShare on TwitterShare on Linkedin

Google today announced its intent to establish a new Google Cloud region in South Africa – it’s first on the continent. The news, which came at the second Google for Africa event, is the latest example of how Google is delivering on the $1bn investment commitment made last year by the company’s CEO, Sundar Pichai. 

The new Cloud Region will help users, developers, businesses, and educational institutions across Africa to move more information and tools online, improve access options for customers, and in turn, create jobs. According to research by AlphaBeta Economics commissioned by Google Cloud, the South African cloud region will contribute more than a cumulative USD 2.1 billion to the country’s GDP and will support the creation of more than 40,000 jobs by 2030. 

While noting that Africa’s internet economy has the potential to grow to $180 billion by 2025 and contribute 5.2% of the continent’s GDP, Google said it is supporting African entrepreneurs in growing and developing their talent through the Hustle Academy and Google Business Profiles. It said it is also helping job seekers learn the skills they need through Developer Scholarships and Career Certifications. 

RelatedStories

Google BOLD internship program opens applications for 2025 

Google rolls out ‘Manage Subscriptions’ feature to help Gmail users globally declutter their inboxes 

July 8, 2025
Google rolls out Veo 2 AI video generator for Gemini Advanced subscribers globally  

EU publishers file antitrust complaint against Google as AI overview threatens revenue 

July 4, 2025

The tech giant added that it has since invested in three businesses over the past 9 months through its $50 million Africa Investment Fund which targets equity investments in tech startups. The three startups include SafeBoda, a transportation app in Uganda and Nigeria, Carry1st, a South African mobile gaming startup, and Lori Systems, an e- logistics company based in Kenya.  

What they are saying 

Speaking during the Google for Africa event, Director of Google Cloud Africa, Niral Patel, said: “We believe in growing an open and healthy ecosystem of technology solutions to support Africa’s digital transformation goals, which leads to more opportunities for businesses. It is part of our company-wide ethos to respect the environment, which is why we operate the cleanest cloud in the industry, supporting sustainable digital transformation.“ 

“Along with the cloud region, we are expanding our network through the Equiano subsea cable and building Dedicated Cloud Interconnect sites in Johannesburg, Cape Town, Lagos, and Nairobi. In doing so, we are building full-scale Cloud capability for Africa,” he added.  

Also speaking, Managing Director, Google Africa, Nitin Gajria, said: “We are collaborating with governments, policymakers, NGOs, telcos, business leaders, creators, and media so that we can help accelerate Africa’s digital transformation. And it’s the talent and drive of the individuals in the countries and communities of Africa that will power Africa’s economic growth.” 

What you should know 

  • As part of the $1 billion commitment, Google has deployed the subsea cable, Equiano, which is now running through Togo, Nigeria, Namibia, and South Africa, and is expected to deliver faster, lower-cost internet to the continent by connecting St. Helena, Togo, Nigeria, Namibia, and South Africa with Europe. 
  • A recent economic impact assessment conducted by Africa Practice and Genesis Analytics found that by 2025, the cable is set to accelerate economic growth with the GDPs of Nigeria rising by USD 10.1 billion, South Africa USD 7 billion, and USD 260 million in Namibia.
     
  • During the same time, Equiano is projected to indirectly create 1.6 million jobs in Nigeria, 180,000 in South Africa, and 21,000 in Namibia, driven by the expansion of the digital economy and peripheral sectors. 

 

 


Follow us for Breaking News and Market Intelligence.
Tags: AfricaGoogleNiral Patel
Samson Akintaro

Samson Akintaro

Samson Akintaro is a tech enthusiast and has over a decade experience covering and writing about the tech industry. He is currently the Tech Analyst at Nairametrics.

Related Posts

Google BOLD internship program opens applications for 2025 
Sectors

Google rolls out ‘Manage Subscriptions’ feature to help Gmail users globally declutter their inboxes 

July 8, 2025
Google rolls out Veo 2 AI video generator for Gemini Advanced subscribers globally  
Sectors

EU publishers file antitrust complaint against Google as AI overview threatens revenue 

July 4, 2025
Google BOLD internship program opens applications for 2025 
Sectors

Google to shut down Android Instant Apps by December 2025 due to low usage 

June 13, 2025
New AI tool could cut cost of brain tumor diagnosis for millions in Nigeria 
Sectors

Google, Meta push for AI sovereignty at Africa Soft Power Summit 2025

June 2, 2025
Google
Sectors

Google rolls out AI Max globally, targets African businesses 

May 7, 2025
Google BOLD internship program opens applications for 2025 
Education

Google opens applications for Software Engineering Apprenticeship in Paris 

April 29, 2025
Next Post
Ethiopia slams N700,000 fine, deportation on Nigerians, 42 other travellers without Yellow Card

Ethiopia slams N700,000 fine, deportation on Nigerians, 42 other travellers without Yellow Card

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank








DUNS

Recent News

  • Sterling Bank to raise $400 million via debt and equity instruments to strengthen growth capacity and balance sheet 
  • South-West doctors threaten strike over unfavorable allowances, issue 21-day ultimatum to FG
  • 15 things you don’t need to start a business in Nigeria 

Follow us on social media:

Recent News

Sterling Bank concludes core application migration, leads the way for African Banking

Sterling Bank to raise $400 million via debt and equity instruments to strengthen growth capacity and balance sheet 

July 15, 2025
Doctors

South-West doctors threaten strike over unfavorable allowances, issue 21-day ultimatum to FG

July 15, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics