Summarized by AI Model:google/pegasus-cnn_dailymail
Google pledged N2.8 billion ($1.7 million) to Nigeria to help the country's digital economy .Matt Brittin, the President of EMEA Business & Operations at Google, spearheaded the investment .Initiatives to train 20,000 Nigerians in AI and data science, teach 125,000 young kids the basics of AI, assist more than 1,000 public officials in AI-driven governance, and provide financing .
Investing in digital skills helps African countries get ready for a digital future and speeds up regional tech development. This strategy aids in addressing important issues. It also addresses the high rate of youth unemployment in the area, expanding chances for the following generation.
Google pledged N2.8 billion ($1.7 million) to Nigeria to help the country’s digital economy. Matt Brittin, the President of EMEA Business & Operations at Google, spearheaded the investment. This pledge is in line with Nigeria’s Strategic Blueprint for Digital Transformation, which was made public on October 31 by the Minister of Communications, Innovation, and Digital Economy.
“I appreciate the entire Google team for betting big on our technology ecosystem and their continued support,” said the minister of communications, innovation, and digital economy in response to the action. As we proceed with Nigeria’s digital transformation, I’m excited to strengthen our collaboration.
These expenditures coincide with the growing importance of digital growth. As of Q2 2024, Nigeria’s digital economy accounted for 16.36% of the nation’s GDP, second only to trade and agriculture, according to the National Bureau of Statistics. This emphasises the strategic value of developing technology innovation and skills to increase global competitiveness and economic resilience.
Initiatives to train 20,000 Nigerians in AI and data science, teach 125,000 young kids the basics of AI, assist more than 1,000 public officials in AI-driven governance, and provide financing, resources, and mentorship to 10 Nigerian AI businesses will all be funded by the investment.
Through the promotion of technical skills and creativity across the country, Google’s assistance seeks to enhance Nigeria’s position in the global digital economy. A larger $5.8 million initiative to develop AI skilling programs throughout Sub-Saharan Africa includes this endeavour.