23 Nigerian startups have made the list for the 2022 Google Black Founders Fund for Africa.
60 African startups were selected for this year’s program, in which Google is investing $4 million.
A statement published in this regard by Folarin Aiyegbusi, Google’s Head of Startup Ecosystem in Africa read “In 2022, we are taking our support a notch higher by investing $4 million into 60 Black-led startups. Since 2021, our startups have gone on to raise $87 million in follow-on funding and have hired 500+ more staff,
“The startups will also receive ongoing hands-on business and technical mentorship from Google’s network of mentors and facilitators, learning the best practices on a range of topics from artificial intelligence, organizational culture, people management, to growth strategies and more,”
Last year, through the program, Google invested $3 million into 50 Black-led startups in Africa out of which 26 were Nigerian Startups.