$1Bn Investment Fund: NACCIMA Lauds Google, Ready To Partner Tech Giant For Inclusive Digital Transformation Of Nigeria

The Nigerian Association of Chambers of Commerce Industry Mines and Agriculture (NACCIMA) has welcome the recent announcement by Google CEO Sundai Pichai, confirming the commitment of Google to invest $1billion dollars in  African countries including Nigeria, for Digital transformation in the continent over the next 5 years.

In a statement signed by the Director-General, Amb. Ayo Olukanni, NACCIMA said it is of the firm view that the decision by Google to support African countries through a range of initiatives such as improved connectivity, support for Startups, virtual learning and expansion of opportunities through Technology are the right steps in the right direction.

“We are of the firm view that if properly implemented, the goals of the Google Investment Fund can truly supplement National efforts expand digital access for Africans, support African  tech Entrepreneurs and support nonprofit organisations working to improve lives. It is worthy of note that this new initiative by Google is a follow up on its recent activities in past few years to equip Africans with digital skills.”

“Young  Africans Tech Entrepreneurs make and Female  have proved the capacities  to perform  using   technology and expanding digital ecosystem in Africa to promote use of Technology in the area of Fintech and other sectors of the economy including, Agriculture, Entertainment and Services and other sectors. Perhaps most important we note that projects and programmes under Google’s $5 Billion Investment Fund will be carried out in close collaboration with relevant national stakeholders including Businesses and the private sector.”

Notably NACCIMA led by its National President John Udeagbala has identified expansion of Technology in the conduct of Businesses and has decided to establish Geo tech Centre across the country to ensure wide applications of Technology. “NACCIMA and its network of Chambers across Nigeria is certainly placed in a good position to work in partnerships with Google in its commitment to ensure digital Transformation in Nigeria. This is because of the potentials to open opportunities for young tech Entrepreneurs, provide employment through startups and also improve lives of the people through education and access to health Services.

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