Africa Set To Benefit Up To US$57 Billion From Facebook Connectivity Infrastructure Play
Analysys Mason, a global research company, has reported that Facebook's planned investment in Africa's connectivity infrastructure will see the continent benefiting to the tune of US$ 57 billion over the next four years.
A statement issued by Facebook also cited the Economist Intelligence Unit Inclusive Internet Index for 2020 which indicated that, despite recent infrastructure drive, some eight hundred million people across sub-Saharan Africa are still un-connected, or under-connected to the Internet.
The US social media giant said will, therefore, be investing in infrastructure, through partnerships, to address the barriers to connectivity, such as the lack of availability in infrastructure, affordability, relevance and readiness to get online."
Facebooks proposed connectivity plans will cover the investment in projects around Submarine Cables, Edge Networks, Backhaul Fibre through Open Transport Networks (OTN) and Express WiFi all in the view to drastically improve the supply of bandwidth and reduce connectivity costs for ISPs