Nigeria on Thursday witnessed the virtual landing of the Google Equiano Sea CableS in Lagos.
The Equiano subsea cable, which has a capacity that is 20 times larger than any other cable currently serving the African region, would have a direct impact on connectivity, resulting in faster internet speed, reduced internet prices and improved user experience in Nigeria.
The state-of-the-art Equiano subsea cable, was designed to become a critical element in meeting Nigeria’s current and future international connectivity demands.
Here are five quick facts about the Equiano subsea cable.
1. The Equiano cable is named after Nigerian-born writer and abolitionist, Olaudah Equiano.
2. The Equiano cable is designed to start in Portugal and run more than 12,000km along the West Coast of Africa and land in Togo, Nigeria, Namibia and South Africa.
3. In terms of connectivity, the cable is expected to increase internet speeds by a factor of six, reduce internet retail prices by 21 per cent, and increase internet penetration by six percentage points.
4. The cable is projected to boost GDP by USD 10.1 billion by 2025.
5. It is also projected to boost job creation by 1.6 million jobs by 2025.
All of these developments would significantly impact Nigeria’s drive towards building a robust digital economy, Governor Babajide Sanwo-Olu said in his remarks at the virtual launch of the cable in Lagos on Thursday.