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This is why Facebook wants to invest $170 million in Uganda

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Facebook’s decision to invest $170 million in a fibre infrastructure project in Uganda is an interesting strategic investment.

Ugandans, like most Africans, love Facebook. However, out of a total population of 38 million, there are only 2.2 million Ugandans on the social network. Facebook’s penetration in Uganda is significantly lower than a number of other African countries with much smaller populations, including Angola and Ghana.

The reason for this gap is poor bandwidth and slow internet access speeds, which average only 512 kilobytes per second.

In partnership with two local telco partners, Facebook is planning to lay 770 kilometres of new fibre cables in north-western Uganda by the end of 2017, potentially bringing high-speed internet access within the reach of three million Ugandans.

Read the full article at: CNBC Africa

The post This is why Facebook wants to invest $170 million in Uganda appeared first on Smallstarter Africa.


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