LAGOS—Google yesterday announced $1m support for African women, including Nigerian women entrepreneurs to help grow their businesses.
The support, according to Google forms part of its effort to mark 2022 International Women’s Day.
Head Brand and Reputation, Africa – Google, Mojolaoluwa Aderemi-Makinde, who made the announcement, said: “Research shows that 58 percent of small and medium-sized business, SMB, entrepreneurs in Africa are women. Despite this, women-run businesses show, on average, 34 percent lower profits than those run by their male counterparts. They are also less likely to receive funding and investment. This is why we are announcing a series of initiatives today, aimed at providing the support women need to grow their businesses.”
In addition to the funding announcement, Google also announced #LookMeUp, a campaign to showcase women entrepreneurs and tell their stories.
According to Makinde: “These stories feature women like Vivian Nwakah in Nigeria, who launched Medsaf, a pharma supply chain solution to help Nigerians get access to quality pharmaceutical health care services, Mary Mwange, CEO and founder of Data Integrated who is driving innovation in the mobile payments sector in Nairobi, Kenya, and Mosa Mkhize in South Africa, who launched Origins Publishers to provide her children – and others like them – with books in their home languages.