AfricaNowInternational

Facebook Reinforces Its Presence in Africa

American social media giant Facebook has announced the company is willing to open a new office in Lagos, Nigeria, in the coming year.

In what will be its second office on the African continent after its Johannesburg Bureau in South Africa, the Lagos division will host teams specialized in engineering, sales, politics and communications. Facebook hopes to develop products made by Africans, for Africans and the rest of the world, AfricaNews reported on Sept. 20.

In 2016, Facebook CEO Mark Zuckerberg went on his first business in Africa, meeting Nigerian President Muhammadu Buhari and local businessmen in Lagos, where he now plans to further implement his company.

Buhari said at the time that the various meetings held with Nigerian youths were most timely as the country was already exploring opportunities to spur development through entrepreneurship.

A statement by the president’s spokesperson, Femi Adesina, shared on his Facebook page, quoted Buhari as saying, “Nigeria has always been identified as a country with great potentials for growth, especially with our youthful population, but now we are moving beyond the potentials to reality. I am impressed by your simplicity in sharing your knowledge and wealth with those with less income.”

President Buhari noted that the simplicity and magnanimity of the entrepreneur, who is among the world’s richest men, had also challenged the culture of lavish wealth display and impulsive spending that had become peculiar to Nigerians.

Facebook’s expansion on the African continent will certainly be watched by western African countries.

According to a study commissioned by the Social Media company, Facebook’s investments in infrastructures and connectivity in Sub-Saharan Africa could generate over $57 billion dollars for African economies over the next five years.

Tags
Show More

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *


By submitting this form, you are consenting to receive marketing emails from: Washington Informer Newspaper, 3117 Martin Luther King Jr. Ave SE, Washington, DC, 20032, http://www.washingtoninformer.com. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Back to top button

My News Matters to me - Washington Informer Donations

Be a Part of The Washington Informer Legacy

A donation of your choice empowers our journalists to continue the work to better inform, educate and empower you through technology and resources that you use.

Click Here Today to Support Black Press and be a part of the Legacy!

Subscribe today for free and be the first to have news and information delivered directly to your inbox.

Select list(s) to subscribe to


By submitting this form, you are consenting to receive marketing emails from: Washington Informer Newspaper, 3117 Martin Luther King Jr. Ave SE, Washington, DC, 20032, http://www.washingtoninformer.com. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact
Close

Adblock Detected

Please consider supporting us by disabling your ad blocker