According to a statement on Thursday, applications are open to SMEs in Kenya, Nigeria, and South Africa, and the programme will run through the end of the year.programme will introduce a significant upgrade, with business-focused AI training integrated directly into the curriculum.
“According to the International Finance Corporation , 40% of formal SMBs in developing countries have an unmet funding need of $5.2 trillion annually. “Participants who received grants nearly doubled their success rate in accessing new funding sources beyond friends and family, increasing from 11% to 20%,” Google said.
Kristy Grant, head of B2B marketing, sub-Saharan Africa at Google, said introducing AI to business will amplify impact and equip SMBs.“Artificial intelligence holds immense potential for African small and medium-sized businesses , enabling them to drive innovation, increase efficiency, and unlock new levels of economic growth,” Grant said.
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