Google Has Confirmed That It Will Provide $4 Million To 60 Startups In Africa.

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Google revealed that it had chosen 60 qualified businesses from throughout Africa. They are to receive $4 million in funding to help them scale up their current work.

The top five nations with the most startups accepted into the program are; Nigeria (23 grantees), Kenya (12 grantees), Rwanda (6 grantees), South Africa (5 grantees), and Uganda (4 grantees).

The second phase of the global tech giant’s support for African businesses is by the initiative; which is known as the Google Black Founders Fund (BFF) for startups in Africa.

Each of the chosen firms will receive support in the form of a six-month training program that includes access to a network of mentors to help with problem-solving, according to Folarin Aiyegbusi, Google’s Head of Startup Ecosystem for Sub-Saharan Africa. The 60 grant recipients will also receive non-dilutive rewards worth between $50,000 and $100,000 and up to $200,000 in Google Cloud credit, according to Aiyegbusi.

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