As part of a series of new initiatives targeted at assisting women-owned businesses, Google today announced that its philanthropic arm, Google.org, is committing R15.3 million in charitable financing to support programs enabling women entrepreneurs build their businesses. “Research shows that 58% of small and medium-sized business (SMB) entrepreneurs in Africa are women,” says Mojolaoluwa Aderemi Makinde, Head Brand and Reputation, Africa – Google. “Despite this, women-run businesses show, on average, 34% lower profits than those run by their male counterparts. They are also less likely to rec…