New post Need visibility? Apply for a FREE post for your Startup.  Apply Here

News

Facebook To Expand Its Investment in Africa; Plans To Open Another Office In Africa

1 Mins read

As part of the show of commitment, and in a way of expanding its investment in Africa, social media giant – Facebook Inc. – has said it will open its second office in Africa.

The office, according to Chimdindu Aneke, who is Facebook’s program manager, will be in Lagos, and is expected to become operational in the second half of 2021.

Ime Archibong, Facebook’s Head of New Product Experimentation, said the opening of the Lagos office presents new and exciting opportunities in digital innovations to be developed from the continent, and taken to the rest of the world.

The new office which will be in the commercial centre of Nigeria, will be used for the purpose of engineering, sales, policy, partnership, and communication.

“All across Africa, we are seeing immense talent in the tech ecosystem and I am proud that with the upcoming opening of our new office, we will build products for the future of Africa, and the rest of the world, with Africans at the helm. We look forward to contributing further to the African tech ecosystem.” – Ime Archibong.

Facebook’s Director of Public Policy, Africa, Kojo Boakye, said Facebook’s new Africa office presents an important milestone which further reinforces Facebook’s ongoing commitment to the region.

Our mission in Africa is no different to elsewhere in the world – to build community and bring the world closer together, and I’m excited about the possibilities that this will create, not just in Nigeria, but across Africa.

Facebook opened its first Africa office in 2015, and has since made a number of investments across Africa, to expand the tech ecosystem.

In 2018, Facebook went into partnership with CcHub to launch NG_Hub. The partnership is intended to lead tech talent development in Nigeria.

The social media giant also has a $1 billion project in the works, as well as a partnership with MTN and Orange to build the world’s largest sub-sea cable, so as to speed up internet connectivity across Africa.

Don’t miss any tech news ever!

We don’t spam! Read our privacy policy for more info.

895 posts

About author
When I'm not reading about tech, I'm writing about it, or thinking about the next weird food combinations to try. I do all these with my headphones plugged in, and a sticky note on my computer with the words: "The galaxy needs saving, Star Lord."
Articles
Related posts
News

Hackers steal $16.8m from Uganda's Central Bank

1 Mins read
Uganda’s Central Bank has become the latest victim of cyber attack. The bank fell to a sophisticated cyber attack by hackers known…
News

Crypto entrepreneur eats popular $6.2m banana artwork

1 Mins read
Interesting things keep happening all around the world, and one of them involves a cryptocurrency entrepreneur, Justin Sun, who transformed an iconic…
News

Paystack integrates Opay into its services; sets to make transactions seamless

1 Mins read
Paystack, the Nigerian fintech subsidiary of Stripe, has launched a groundbreaking payment integration that allows merchants to accept payments directly from over…
Newsletter Subscription

🤞 Don’t miss any update!

We don’t spam! Read more in our privacy policy

Join our Telegram channel here - t.me/TechpadiAfrica

Leave a Reply