The economic impact of subsea cables in Africa
Nov 19, 2020Bravishma Narayan, Robert Pepper, Kojo Boakye, Fargani Tambeayuk
Summary
This post quantifies the economic impact of subsea cables in Africa, specifically highlighting the 2Africa project. It presents research from RTI International estimating increases in African GDP (0.42-0.58%) and employment within the first 2-3 years of the 2Africa cable going live. It also details country-specific impacts on employment and GDP per capita for Nigeria, Democratic Republic of Congo, Kenya, South Africa, Mozambique, and Tanzania, based on historical subsea cable landings. The post emphasizes that subsea cables and broadband infrastructure investments are among the most effective development policies for economic growth in Africa.
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