Connect with us

Tech and Gadgets

Google’s Equiano Cable Lands In Nigeria, To Improve Economy And Internet Speed

Published

on

Google Africa has announced the arrival of its Equiano submarine cable in Lagos, Nigeria, which will improve broadband penetration and digital economy in the country.

Google’s Equiano Cable Lands In Nigeria, To Improve Economy And Internet Speed

Google Equiano Submarine Cable Lands In Lagos

The director of Google West Africa, Juliet Ehimuan, who disclosed this in a note, said the cable landed in Lagos on Thursday, April 21, 2022, making it its second successful landing in Africa after it reached Togo last month.

The cable, named after Olaudah Equiano, a Nigerian-born writer and abolitionist, is among the first in a series of landings in Africa for the subsea cable and is expected to run from Portugal along Africa’s west coast to South Africa.

Ehimuan said the Equiano cable would contribute $10 billion to Nigeria’s Gross Domestic Product (GDP) by 2025, and indirectly generate roughly 1.6 million new jobs within the same period.

She added that the cable will also deliver twenty times as much network capacity as any of the existing systems serving Nigeria and this means much faster internet speeds, reduced cost, and greater access for our people.

READ:  World’s richest couple: Amazon CEO Jeff Bezos and wife divorce after 25 years

The statement reads, “Today, we’re thrilled to announce our second Africa landing in Lagos, Nigeria. While many subsea cables are named after historical luminaries, the Equiano cable has special resonance for Nigeria. It’s named after Olaudah Equiano, a Nigerian-born writer and abolitionist, so it’s landing in Lagos, Nigeria today is like a homecoming.

“Nigeria is sub-Saharan Africa’s largest economy. Still, the share of people using the internet stood at approximately 35% as of 2020 – double what it was in 2012. Across much of the country, people lack affordable, reliable & quality access, which limits their ability to benefit from, and contribute to, the digital economy.

“Since 2017, the Nigerian government has been actively working on its digital transformation programs as part of plans to grow its domestic sectors.

“These initiatives have proven pivotal to the success of many industries in the country, especially the startup space. In the last five years, startups in Nigeria have produced five unicorns (startups valued at over a billion dollars).

“Businesses are also benefiting significantly from the usage of internet platforms, with total e-commerce annual expenditure predicted to climb to $75 billion by 2025, up from its current projection of US $12 billion.

READ:  Omah Lay showcases impressive artistry with “Boy Alone” deluxe

“Equiano’s arrival in Nigeria is expected to result in faster internet speeds and significantly improve people’s experiences while online. Internet speeds in Nigeria are expected to grow almost six-fold by 2025, and retail internet prices are forecasted to decline by 21% over the same period.

“The same study found that by 2025, real GDP in Nigeria is forecast to be USD 10.1 billion higher than it otherwise would have been without Equiano and that the cable would indirectly generate roughly 1.6 million new jobs between 2022 and 2025.

“We are partnering with multiple key telecom players, including our landing party, the West Indian Ocean Cable Company (WIOCC), where Equiano lands to ensure that the cable can reach more businesses and end-users across Nigeria and the African continent more broadly.

“With Equiano, we look forward to being an even more integral part of the digital transformation journey in Nigeria,” the statement added.

KanyiDaily recalls that Google had also announced plans to expand itś Digital Skills for Africa program to reach children in Nigeria, Kenya and South Africa.

READ:  Key Aspects of Cryptocurrency Mining For Beginners

Barack Obama And His Wife, Michelle Endorses Kamala Harris For US President
Politics12 hours ago

Barack Obama And His Wife, Michelle Endorses Kamala Harris For US President

Emmanuel Obasi Meets May Edochie’s Lawyer To Challenge Judy Austin And Yul In Child Custody Battle
Celebrities14 hours ago

Emmanuel Obasi Meets May Edochie’s Lawyer To Challenge Judy Austin And Yul In Child Custody Battle

BREAKING: Bomb Explosion Rocks Popular Livestock Market In Yobe
Metro16 hours ago

BREAKING: Bomb Explosion Rocks Popular Livestock Market In Yobe

Mikel Obi Tackles African Footballers Who Choose To Represent European Countries [Video]
Sports16 hours ago

Mikel Obi Tackles African Footballers Who Choose To Represent European Countries [Video]

Adekunle Gold Thanks Olamide For Accepting Him In YBNL When He Was A Graphic Designer
Entertainment18 hours ago

Adekunle Gold Thanks Olamide For Accepting Him In YBNL When He Was A Graphic Designer

I Would Rather Die Than Give Girls Movie Role For Sex – Actor Kelvin Ikeduba
Entertainment19 hours ago

I Would Rather Die Than Give Girls Movie Role For Sex – Actor Kelvin Ikeduba

Planned Protest Sponsors Don't Love Nigeria, They Have Alternative Passports - Tinubu
News19 hours ago

Planned Protest Sponsors Don’t Love Nigeria, They Have Alternative Passports – Tinubu

"Give Tinubu More Chance To Fix Nigeria" - Lege Miami Kicks Against Protest [Video]
Entertainment20 hours ago

“Give Tinubu More Chance To Fix Nigeria” – Lege Miami Kicks Against Protest [Video]

How Witches And Wizards Delayed My Birth Before God’s Intervention - Obasanjo
News20 hours ago

How Witches And Wizards Delayed My Birth Before God’s Intervention – Obasanjo

Nancy Isime Reacts To Allegations Of Sleeping With Akpabio, Criticism For Wearing Niqab
Entertainment21 hours ago

Nancy Isime Reacts To Allegations Of Sleeping With Akpabio, Criticism For Wearing Niqab

Nollywood Saved Me From Becoming A Drug Baron - Actor Kevin Ikeduba
Entertainment1 day ago

Nollywood Saved Me From Becoming A Drug Baron – Actor Kelvin Ikeduba

Ohanaeze Ndigbo President, Emmanuel Iwuanyanwu Is Dead
News2 days ago

Ohanaeze Ndigbo President, Emmanuel Iwuanyanwu Is Dead

Don Jazzy Reveals Why His Artistes Don't Release Songs Same Day As Wizkid, Asake
Entertainment2 days ago

Don Jazzy Reveals Why His Artistes Don’t Release Songs Same Day As Wizkid, Asake

Yul Edochie And Judy Austin Dedicate Song To Ex-Husband, Emmanuel Obasi [Video]
Entertainment2 days ago

Yul Edochie And Judy Austin Dedicate Song To Ex-Husband, Emmanuel Obasi [Video]

Dremo Calls Buju BNXN "Bowling Pin" After He Described Davido's Crew As "30 Bingos"
Entertainment2 days ago

Dremo Calls Buju BNXN “Bowling Pin” After He Described Davido’s Crew As “30 Bingos”

"As A Christian, I Find Comfort In Knowing There Is Life After Death" - DJ Cuppy Mourns Grandmother
Celebrities2 days ago

“As A Christian, I Find Comfort In Knowing There Is Life After Death” – DJ Cuppy Mourns Grandmother

"Be Flexible” – Cubana Chief Priest Preaches As He Flies Economy Class
Celebrities2 days ago

“Be Flexible” – Cubana Chief Priest Preaches Humility As He Flies Economy Class

"Dress How You Want To Be Addressed, Don't Be Naked To Prove A Point" - Nkechi Blessing
Entertainment2 days ago

“Dress How You Want To Be Addressed, Don’t Be Naked To Prove A Point” – Nkechi Blessing

“A Tuber Of Yam Is Now N10k, How Are You'll Coping?” – Caroline Danjuma Asks Nigerians
Entertainment2 days ago

“A Tuber Of Yam Is Now N10k, How Are You’ll Coping?” – Caroline Danjuma Asks Nigerians

Nigerians Reacts As Lagos Announces 15 Days Oro Festival During Planned Protests 1
News2 days ago

Nigerians Reacts As Lagos Announces 15 Days Oro Festival During Planned Protests