Meta Invests In Safaricom’s $23m Subsea Cable Project - Brand Spur
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5 Articles
Meta Invests In Safaricom’s $23m Subsea Cable Project - Brand Spur
Meta invests in Safaricom’s $23m subsea cable project Facebook is increasing its footprint in Africa through its Irish subsidiary, Edge Network Services Ltd, which has taken a stake in Safaricom’s ambitious undersea fibre optic cable. The investment, reported by Business Daily’s Sunday edition, ties the Mark Zuckerberg-led Meta closer to East Africa’s fast-growing internet economy. Edge Network Services, based in Ireland and operating as Meta…
Meta, the parent company of Facebook, is preparing to finance and take an interest in Safaricom's submarine fibre optic cable connecting Oman to the coastal city of Mombasa in Kenya. According to the regulatory documents filed by the Kenya National Environmental Management Authority (NEMA), Edge Network Services Ltd, an affiliate of...
Meta joins Safaricom to fix Kenya’s internet fragility with new subsea cable
Kenya’s internet future may be getting a serious upgrade, and it’s coming through a $23 million subsea cable project that has the backing of Safaricom and Meta. The cable, Daraja, will run from Mombasa to Oman in the Middle East, carrying 24 fibre pairs, a big jump from the 8 to 16 typically seen in most existing systems, and is expected to be completed in 2026. Daraja promises not just faster internet, but more reliable connectivity for a regio…
Meta joins Ndegwa-led Safaricom on $23 million fiber project
Meta Platforms Inc., the parent company of Facebook, has partnered with Safaricom, East Africa’s biggest telecom operator led by Kenyan executive Peter Ndegwa, to support a new undersea fiber-optic project aimed at strengthening the region’s internet backbone.The $23 million initiative, known as the Daraja Project, will involve laying a 4,108-kilometer high-speed cable between Mombasa, Kenya, and Oman. Once completed, the system is expected to g…
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