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Facebook to make $50b African investment
Infrastructure - JULY 23, 2020

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Facebook to make $50b African investment

by Andrea Zander

Facebook’s investments in infrastructure and connectivity across Africa are set to deliver more than $50 billion in economic benefits during the next five years (2020–2024), according to the technology company’s findings from “The Impact of Facebook’s Connectivity Initiatives in Sub-Saharan Africa,” a study conducted by Analysys Mason.

According to The Economist Intelligence Unit – Inclusive Internet Index 2020, over 800 million people in Sub-Saharan Africa are unconnected to the internet.

 

To read the study, click here.

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