Facebook has joined a partnership with China Mobile and other entities to construct a undersea cable to connect Africa with higher-speed and more reliable broadband internet, Bloomberg reports. The 2Africa project is valued at around $1 billion U.S. dollars.
Bloomberg News was first to report the deal in detail today, and the article is paywalled.
In addition to China Mobile and Facebook, the 2Africa project membership includes Vodacom, Vodafone, MTN GlobalConnect, Orange, stc, Telecom Egypt, and WIOCC, to build 2Africa, which is promoted as being “the most comprehensive subsea cable to serve the African continent and Middle East region.”