In 2016, Facebook CEO Mark Zuckerberg went on his first business in Africa, meeting Nigerian President Muhammadu Buhari and local businessmen in Legos, where he now plans to further implement his company.
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 saharian africa coul generate over 57 billion dollars for african economies over the next 5 years.
Vanguard reports, Social media platform, Facebook has announced plans to open another office in Lagos as part of its commitment to ongoing investment in Africa.
The office in Lagos will be its second office on the African continent and will be housing a team of expert engineers building for the future of Africa and beyond.
It explained that the planned office is aimed at supporting the entire Sub-Saharan Africa region and it is expected to become operational in H2 2021.
It also said the office will be home to various teams servicing the continent from across the business, including Sales, Partnerships, Policy, Communications as well as Engineers.
Commenting, Facebook’s Head of New Product Experimentation Ime Archibong, said: “The opening of our new office in Lagos, Nigeria presents new and exciting opportunities in digital innovations to be developed from the continent and taken to the rest of the world.
“All across Africa we’re seeing immense talent in the tech ecosystem, and I’m proud that with the upcoming opening of our new office, we’ll be building 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.
“The investment of the new Facebook office follows the 2018 opening of NG Hub, its first flagship community hub space in Africa in partnership with CcHub, and the 2019 opening of a Small Business Group (SBG) Operations Centre in Lagos, in partnership with Teleperformance.
Providing outsourced support to all English-speaking advertisers across Sub-Saharan Africa, the SBG office supports Small Medium Businesses (SMBs) through its Advocacy, Community & Education (ACE) programme, as well as its Marketing Expert sales programmes – all aimed at enabling SMBs to accelerate the growth and development of their businesses.