Google has announced 50 African startups that will benefit from its N1.23 billion ($3 million) black founders’ fund. The search engine giant selected startups from nine African countries.
Startups in Nigeria, Rwanda, South Africa, Kenya, Ghana, Cameroon, Zambia, Senegal anď Ethiopia were listed in a statement posted on Google for Startups Campus blog on Wednesday.
“Through the Google for Startups Black Founders Fund in Africa, we are supporting early-stage Black-founded startups on the continent.”
Nigeria accounted for 26 startups out of 50, the highest number when compared to Kenya where nine startups were selected, seven in South Africa, Ghana had two, Rwanda two, while Senegal, Cameroon, and Ethiopia had one each.
The Nigerian startups selected by Google were drawn from various markets, ranging from financial technology, car-hailing, healthcare, and commerce.
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Babymigo, Bumpa, Credpal, Curacel, Chekkit, Crop2Cash, Emergency Response Africa, Formplus, GeroCare, Gradely, Gricd, Hitch, Lifestores Healthcare, mDoc Healthcare were selected to benefit from the black founders’ fund.
Other Nigerian startups on the list include; Medsaf, My-Medicine, PickMeUp, Reach, Send, Shecluded, Shopa, Tix Africa, Tap (Touch and Pay), TradeBuza, Treepz, and Whispa Health.
Aside from the $3 million funds, Nigerian startups, alongside their counterparts across the eight African countries, will receive Google Ad Grants and Cloud credits.
Google will also provide the startups with experienced experts from its corporation as the internet firm moves to bridge what it termed; “existing fundraising gap for Black startup founders in Africa’s fast-growing technology landscape.”