South Africa has joined Google Cloud’s global network, investing R2.5 billion to develop a hub aimed at enhancing local access to cloud services. This initiative is projected to contribute $2.1 billion to the GDP and create over 40,000 jobs by 2030. Additionally, the project includes training programs for learners and support for African startups.
South Africa has made a significant advancement by joining Google Cloud’s global network with a new R2.5 billion hub. This landmark project marks the first of its kind in Africa, integrating South Africa into Google Cloud’s established infrastructure, which includes 40 regions and 121 zones worldwide. This connectivity will enable the delivery of Google Cloud services to over 200 countries and territories, enhancing local access to essential technological resources.
Ferdinand Steenkamp, co-founder of the Cape Town-based data company Tregter, stated, “Bringing Google Cloud services closer to our local customers will contribute a cumulative $2.1 billion to South Africa’s Gross Domestic Product and support the creation of more than 40,000 jobs by 2030.” He underscored the importance of this development, noting that Africa’s internet economy is projected to reach $180 billion by 2025, accounting for 5.2% of the continent’s GDP.
The initiative will also focus on developing talent through various training programs for learners and business owners, such as Cloud OnBoard, Cloud Hero, and Google Hustle Academy. These programs aim to enhance knowledge in technology-related fields, including generative AI, machine learning, application modernization, data analytics, and digital marketing, thus preparing South Africans for the evolving tech landscape.
Additionally, the launch of Google Cloud will bolster existing Google programs aimed at supporting African startups, such as the Black Founders Fund Africa and Google for Startups Accelerator Africa. These initiatives have assisted 106 startups across 17 African nations, which have collectively raised over $263 million in funding and generated more than 2,800 direct jobs in the region.
Mr. Steenkamp concluded by asserting, “Google South Africa will inevitably play a part in creating a more level playing field for African tech entrepreneurs, bringing substantial benefits to businesses beyond the tech sector, offering a launchpad for broader efforts to power the growth of Africa’s tech sector.”
In summary, South Africa’s integration into Google Cloud’s global network with a significant investment of R2.5 billion is expected to positively impact its economy, creating thousands of jobs and supporting entrepreneurial growth. With comprehensive training initiatives and a focus on startup development, this project positions South Africa at the forefront of technological advancements in Africa.
Original Source: www.bizcommunity.com
