BREAKING: Google has announced that its #Equiano undersea cable, which successfully landed in Togo last month, has just landed in Lagos, Nigeria.
Google says it is partnering with multiple key telecom players, including its 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.
According to a recent economic impact assessment conducted by Africa Practice and Genesis Analytics, #Equiano is expected to result in faster internet speeds, improved user experience, and lower internet prices.
Internet speeds in #Nigeria are expected to increase by almost six times from 11 Mbps in 2021 to 65 Mbps by 2025, while retail internet prices are forecast to decline by 21% over the same period.
The improved speeds and lower prices are expected to boost internet penetration by 6% between 2021 and 2025.
Between 2022 and 2025, #Equiano should indirectly create 1.6 million new jobs in #Nigeria driven by the growth of the digital economy and peripheral sectors.
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