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
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. ..