Google enhances Africa’s digital ecosystem
Alistair Mokoena, Country Director for Google South Africa, spoke with CNBC Africa on the side-lines of the fifth South Africa Investment Conference in Sandton for more.
Thu, 13 Apr 2023 13:13:56 GMT
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AI Generated Summary
- The announcement of a billion-dollar investment in sub-Saharan Africa aims to improve digital connectivity and drive economic growth in the region
- Google emphasizes the importance of sustainability and the transformative power of digital technology in propelling Africa towards economic prosperity
- Initiatives such as the Equiano subsea cable project and Africa Investment Fund demonstrate Google's commitment to bridging the digital divide and fostering job creation in Africa
Google has announced a substantial investment of one billion dollars across sub-Saharan Africa over a five-year period, with the aim to enhance digital connectivity and drive economic growth in the region. Alistair Mokoena, the Country Director for Google South Africa, expounded on the need for a new type of leadership that goes beyond focusing solely on profits and instead prioritizes the holistic well-being of the investment environment in South Africa and across the continent. Mokoena emphasized that businesses are seeking opportunities to invest and generate returns, rather than pursuing charity-driven endeavors. He underscored the importance of sustainability in corporate giving and underscored the pivotal role of digital technology in propelling Africa towards economic prosperity. With only 400 million out of 1.2 billion Africans currently connected to the internet, Google is committed to bridging this digital divide by ensuring an additional 800 million people in Africa gain internet access within the next five years.