Facebook investment to add R237bn to SA’s economy, says study
The tech giant is investing in connectivity in Sub-Saharan Africa over the next five years, and has already laid about 100km of fibre in SA
24 July 2020 - 14:48
US social media giant Facebook says its connectivity investments could grow Africa’s economy by $57bn in the next five years, with SA benefiting $14.1bn (R236.64bn).
A new study conducted by telecoms consulting and research firm Analysys Mason found that Facebook’s investments in infrastructure and connectivity will deliver more than $57bn in economic benefits from 2020 to 2024 in Sub-Saharan Africa. ..
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