Nigeria

Google will train 20,000 Nigerian women and youths in digital skills and provide a 1.2 billion naira ($1.6 million) grant to the government of Nigeria to create one million digital jobs in the country.

Nigeria wants to create digital jobs for its rapidly growing and young population, as became clear on a meeting of Google Africa executives, but no timeline is yet known for this. The government wants to increase youth participation in the digital economy, and is also working with the country’s banks to this end.

The grant is provided by Google’s philanthropic arm, in partnership with Data Science Nigeria and the Creative Industry Initiative for Africa. In addition, Google will also support startups, which will create more jobs.

Google’s investment in digital infrastructure across Africa is designed to shape digital transformation and create jobs. Of course, this (in itself commendable) initiative is not completely devoid of self-interest: the more people are digitally skilled, the more Google products are used, and the more revenue can be obtained from advertising, the largest source of revenue for Google.

Leave a Reply

Your email address will not be published.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

You May Also Like

Bank of England Governor Acknowledges Market Expectations on Rate Cuts

Bank of England Governor Andrew Bailey indicated on Thursday that the financial…

Market Momentum and Bargain Opportunities: Top Stocks to Consider Amidst the Rally

The recent quarter has seen an impressive winning streak for the stock…

The impact of geopolitical turmoil on stocks

The most recent episode in the enduring saga of military clashes in…

An in-depth analysis of various financial instruments

Stocks, the stalwarts of financial markets, represent ownership in a company. Investors…