{"id":1329,"date":"2015-10-28T13:00:14","date_gmt":"2015-10-28T12:00:14","guid":{"rendered":"https:\/\/blog.iese.edu\/africa\/?p=1329"},"modified":"2016-10-27T14:48:39","modified_gmt":"2016-10-27T13:48:39","slug":"google-plans-to-invest-in-kenya","status":"publish","type":"post","link":"https:\/\/blog.iese.edu\/africa\/2015\/10\/28\/google-plans-to-invest-in-kenya\/","title":{"rendered":"Google Plans to Invest in Kenya"},"content":{"rendered":"<p>A piece of news I read in <a href=\"http:\/\/www.wired.com\" target=\"_blank\">Wired <\/a>grabbed my attention: <strong><a href=\"http:\/\/www.wired.com\/2015\/10\/google-pumps-2b-into-africas-biggest-wind-power-project\/\" target=\"_blank\">Google plans to acquire Vestas\u2019 12.5% share<\/a> in what will be Africa\u2019s largest wind farm<\/strong> \u2013 <a href=\"http:\/\/www.ltwp.co.ke\/\" target=\"_blank\">Lake Turkana Wind Power (LTWP)<\/a>, in Kenya. Energy is a key input for Google\u2019s business \u2013 they need to ensure reliable provision. This investment may be a sign of Google\u2019s plans for Africa.<\/p>\n<p><strong>In last week\u2019s post, I talked about the <a href=\"https:\/\/blog.iese.edu\/africa\/2015\/10\/21\/connectivity\/\" target=\"_blank\">rising trend in connectivity<\/a> that African countries are experiencing.<\/strong> The internet economy is expected to account for 7% of Africa\u2019s GDP by 2025. How will this come about? The necessary conditions are investments in power and in manpower:<\/p>\n<figure id=\"attachment_1330\" aria-describedby=\"caption-attachment-1330\" style=\"width: 444px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/blog.iese.edu\/africa\/files\/2015\/10\/google-kenya.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-1330\" src=\"https:\/\/blog.iese.edu\/africa\/files\/2015\/10\/google-kenya-300x106.jpg\" alt=\"Getting ready to tap into African markets\" width=\"444\" height=\"157\" srcset=\"https:\/\/blog.iese.edu\/africa\/files\/2015\/10\/google-kenya-300x106.jpg 300w, https:\/\/blog.iese.edu\/africa\/files\/2015\/10\/google-kenya.jpg 380w\" sizes=\"auto, (max-width: 444px) 100vw, 444px\" \/><\/a><figcaption id=\"caption-attachment-1330\" class=\"wp-caption-text\">Getting ready to tap into African markets<\/figcaption><\/figure>\n<ul>\n<li><strong><a href=\"https:\/\/blog.iese.edu\/africa\/2015\/07\/15\/africa-powering-ahead\/\" target=\"_blank\">Power<\/a><\/strong>: Kenya has the potential to develop the power infrastructure the country needs to boost socioeconomic development. The Lake Turkana Wind Power project is the largest : Kenyan Shilling (KES) 70 billion (roughly \u20ac624,000 million or US$685,000 million). <strong>It will provide 300 MW of clean power to Kenya&#8217;s national electricity grid, accounting for 17% of Kenya&#8217;s total installed power<\/strong>. It\u2019s expected to be operational next year.<\/li>\n<li><strong>Manpower<\/strong>: Kenya has a growing information technology and communication industry. The <a href=\"http:\/\/www.knbs.or.ke\/index.php?option=com_phocadownload&amp;view=category&amp;id=20&amp;Itemid=1107\" target=\"_blank\">latest statistics<\/a> I have found indicate that in 2013 about 92,700 people were officially employed in the information technology and communication industry in 2013. This is 4% of official employment, and is up from 77,900 official jobs in the industry in 2010. <strong>Nairobi has become a technology hub.<\/strong> Some call it <strong>\u201cthe Silicon Savannah\u201d.<\/strong> <strong>Kenya aims to become an alternative to India for offshoring processes. And IBM has opened its worldwide research facility for big data there.<\/strong><\/li>\n<\/ul>\n<p>Add to this youth and demographic growth, and my favorite question is served: any doubts about where the future lies?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A piece of news I read in Wired grabbed my attention: Google plans to acquire Vestas\u2019 12.5% share in what will be Africa\u2019s largest wind farm \u2013 Lake Turkana Wind Power (LTWP), in Kenya. Energy is a key input for Google\u2019s business \u2013 they need to ensure reliable provision. This investment may be a sign [&hellip;]<\/p>\n","protected":false},"author":1654,"featured_media":1330,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[85385,99314],"tags":[45555,121,14,831,918,951,1010,1080,1148,100365],"class_list":["post-1329","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-doing-business-in-africa","category-social-and-institutional-context","tag-connectivity","tag-economic-growth","tag-google","tag-ibm","tag-investment","tag-kenya","tag-manpower","tag-nigeria","tag-power","tag-silicon-savannah","megacategoria-mc-africa"],"acf":[],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 5.0.1.1 - aioseo.com -->\n\t<meta name=\"description\" content=\"Google\u2019s investment in the largest single private investment ever in Kenya\u2019s history could be a sign of things to come.\" \/>\n\t<meta name=\"robots\" content=\"max-image-preview:large\" \/>\n\t<meta name=\"author\" content=\"\u00c1frica M. Ari\u00f1o\"\/>\n\t<link rel=\"canonical\" href=\"https:\/\/blog.iese.edu\/africa\/2015\/10\/28\/google-plans-to-invest-in-kenya\/\" \/>\n\t<meta name=\"generator\" content=\"All in One SEO (AIOSEO) 5.0.1.1\" \/>\n\t\t<meta property=\"og:locale\" content=\"en_US\" \/>\n\t\t<meta property=\"og:site_name\" content=\"Africa from Africa - My Personal Perspectives on Africa\" \/>\n\t\t<meta property=\"og:type\" content=\"article\" \/>\n\t\t<meta property=\"og:title\" content=\"Google Plans to Invest in Kenya - Africa from Africa\" \/>\n\t\t<meta property=\"og:description\" content=\"Google\u2019s investment in the largest single private investment ever in Kenya\u2019s history could be a sign of things to come.\" \/>\n\t\t<meta property=\"og:url\" content=\"https:\/\/blog.iese.edu\/africa\/2015\/10\/28\/google-plans-to-invest-in-kenya\/\" \/>\n\t\t<meta property=\"article:published_time\" content=\"2015-10-28T12:00:14+00:00\" \/>\n\t\t<meta property=\"article:modified_time\" content=\"2016-10-27T13:48:39+00:00\" \/>\n\t\t<meta name=\"twitter:card\" content=\"summary\" \/>\n\t\t<meta name=\"twitter:title\" content=\"Google Plans to Invest in Kenya - Africa from Africa\" \/>\n\t\t<meta name=\"twitter:description\" content=\"Google\u2019s investment in the largest single private investment ever in Kenya\u2019s history could be a sign of things to come.\" \/>\n\t\t<script type=\"application\/ld+json\" class=\"aioseo-schema\">\n\t\t\t{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"BlogPosting\",\"@id\":\"https:\\\/\\\/blog.iese.edu\\\/africa\\\/2015\\\/10\\\/28\\\/google-plans-to-invest-in-kenya\\\/#blogposting\",\"name\":\"Google Plans to Invest in Kenya - Africa from Africa\",\"headline\":\"Google Plans to Invest in Kenya\",\"author\":{\"@id\":\"https:\\\/\\\/blog.iese.edu\\\/africa\\\/author\\\/blogafrica\\\/#author\"},\"publisher\":{\"@id\":\"https:\\\/\\\/blog.iese.edu\\\/africa\\\/#organization\"},\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/blog.iese.edu\\\/africa\\\/files\\\/2015\\\/10\\\/google-kenya.jpg\",\"width\":380,\"height\":134,\"caption\":\"Getting ready to tap into African markets\"},\"datePublished\":\"2015-10-28T13:00:14+01:00\",\"dateModified\":\"2016-10-27T14:48:39+01:00\",\"inLanguage\":\"en-US\",\"commentCount\":1,\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/blog.iese.edu\\\/africa\\\/2015\\\/10\\\/28\\\/google-plans-to-invest-in-kenya\\\/#webpage\"},\"isPartOf\":{\"@id\":\"https:\\\/\\\/blog.iese.edu\\\/africa\\\/2015\\\/10\\\/28\\\/google-plans-to-invest-in-kenya\\\/#webpage\"},\"articleSection\":\"Doing Business in Africa, Future and Perspectives for Africa, connectivity, economic growth, Google, IBM, investment, Kenya, manpower, Nigeria, power, Silicon Savannah, Africa Present and Future\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/blog.iese.edu\\\/africa\\\/2015\\\/10\\\/28\\\/google-plans-to-invest-in-kenya\\\/#breadcrumblist\",\"itemListElement\":[{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/blog.iese.edu\\\/africa#listItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/blog.iese.edu\\\/africa\",\"nextItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/blog.iese.edu\\\/africa\\\/category\\\/doing-business-in-africa\\\/#listItem\",\"name\":\"Doing Business in Africa\"}},{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/blog.iese.edu\\\/africa\\\/category\\\/doing-business-in-africa\\\/#listItem\",\"position\":2,\"name\":\"Doing Business in Africa\",\"item\":\"https:\\\/\\\/blog.iese.edu\\\/africa\\\/category\\\/doing-business-in-africa\\\/\",\"nextItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/blog.iese.edu\\\/africa\\\/2015\\\/10\\\/28\\\/google-plans-to-invest-in-kenya\\\/#listItem\",\"name\":\"Google Plans to Invest in Kenya\"},\"previousItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/blog.iese.edu\\\/africa#listItem\",\"name\":\"Home\"}},{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/blog.iese.edu\\\/africa\\\/2015\\\/10\\\/28\\\/google-plans-to-invest-in-kenya\\\/#listItem\",\"position\":3,\"name\":\"Google Plans to Invest in Kenya\",\"previousItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/blog.iese.edu\\\/africa\\\/category\\\/doing-business-in-africa\\\/#listItem\",\"name\":\"Doing Business in Africa\"}}]},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/blog.iese.edu\\\/africa\\\/#organization\",\"name\":\"Africa from Africa\",\"description\":\"My Personal Perspectives on Africa\",\"url\":\"https:\\\/\\\/blog.iese.edu\\\/africa\\\/\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/blog.iese.edu\\\/africa\\\/author\\\/blogafrica\\\/#author\",\"url\":\"https:\\\/\\\/blog.iese.edu\\\/africa\\\/author\\\/blogafrica\\\/\",\"name\":\"\\u00c1frica M. 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