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Google announces Launchpad Accelerator Africa Class 2

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Google announced the launch of its second Launchpad Accelerator Africa class as part of its ongoing efforts to support entrepreneurship on the continent.

The accelerator, which is housed in Lagos, Nigeria, has already demonstrated its value. The first Launchpad Accelerator Africa class saw 12 startups graduate, with more than 20 teams from Google and 40 mentors from nine countries supporting them. The startups have directly created 132 jobs and, between them, have raised over US$7 million in funding. Their products are being used by approximately 4.5 million people.  

“The growth of entrepreneurship in Africa is critical to the survival of our continent,” says Fola Olatunji-David, Head of Startup Success and Services, Launchpad Accelerator Africa. “We’re currently as a region creating about three million jobs per year, while more than 11 million job seekers are entering the market. Google believes that empowering entrepreneurs and startups is essential to drive employment growth, and enable both economic and social development on the continent.”

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News Source: www.itnewsafrica.com

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