Google’s Startups AI Accelerator raises $263m in six years

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Startups Accelerator Africa Programme

Google has opened applications for the 8th cohort of its Google for Startups Accelerator Africa programme.

The cohort will have a strong focus on startups leveraging artificial intelligence and machine learning to address critical challenges and unlock new opportunities across the continent.

Since its inception in 2018, the programme has supported 106 startups from 17 African countries and has collectively raised over $263 million and created more than 2,800 direct jobs. Nigerian workers, hovering at about 50 million, have remained among the lowest earners in the world, as the monthly wage floor in Africa’s most populous country has fallen to $23 amidst the worsening cost of living crisis .

The recent announcement by the Federal Government to launch the first batch of approximately 5,600 "palliative" compressed natural gas and electric vehicles ahead of President Bola Tinubu’s first administration anniversary has sparked debate within the Nigerian automotive industry. President Bola Tinubu has hinted that the relationship between his government and National Assembly members is not always rosy, noting that there were times when the executive and legislative prerogatives collided.

Source: Tech Daily Report (techdailyreport.net)

Startups Accelerator Africa Programme

 

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