Google Internet Cable Lands in Africa, Promising Fast Connection

The Google app logo is seen on a smartphone in this picture illustration taken September 15, 2017. (Reuters)
The Google app logo is seen on a smartphone in this picture illustration taken September 15, 2017. (Reuters)
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Google Internet Cable Lands in Africa, Promising Fast Connection

The Google app logo is seen on a smartphone in this picture illustration taken September 15, 2017. (Reuters)
The Google app logo is seen on a smartphone in this picture illustration taken September 15, 2017. (Reuters)

A subsea cable owned by Google that promises to double internet speeds for millions in Africa arrived in Togo on Friday, the company said, the latest step in a multi-year project to provide cheaper access to users across the continent.

The Equiano cable, the first of its kind to reach Africa, has wound its way from Portugal and will double internet speed for Togo's 8 million residents, Google said in a statement.

That may be a taste of things to come for other countries set to benefit in a region where internet use is rising fast but where networks are often cripplingly slow and are a drag on economic development.

The new line will also make land in Nigeria, Namibia and South Africa, with possible branches offering connections to nearby countries. It is expected to start operating by the end of the year.

Sub-Saharan Africa is the world's least-connected region, with around a quarter of the population still lacking mobile broadband coverage compared to 7% globally, according to a 2020 report by GSMA Intelligence.

Most countries in West Africa are at the bottom of a World Bank global ranking on internet penetration.

Togo will be the first to benefit. The cable is expected to reduce internet prices by 14% by 2025, according to an Africa Practice and Genesis Analytics assessment commissioned by Google.

Google said the cable will indirectly create 37,000 jobs in Togo by 2025 and boost GDP by $193 million.



India to Offer $4-$5 Bln in Incentives for Electronics Production, Weaning Off China

A social media influencer uses a phone on the day of the unveiling of Hyundai IONIQ 9, a three-row electric SUV during a Hyundai event in the Hollywood Hills in Los Angeles, California, US, November 20, 2024. REUTERS/Daniel Cole
A social media influencer uses a phone on the day of the unveiling of Hyundai IONIQ 9, a three-row electric SUV during a Hyundai event in the Hollywood Hills in Los Angeles, California, US, November 20, 2024. REUTERS/Daniel Cole
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India to Offer $4-$5 Bln in Incentives for Electronics Production, Weaning Off China

A social media influencer uses a phone on the day of the unveiling of Hyundai IONIQ 9, a three-row electric SUV during a Hyundai event in the Hollywood Hills in Los Angeles, California, US, November 20, 2024. REUTERS/Daniel Cole
A social media influencer uses a phone on the day of the unveiling of Hyundai IONIQ 9, a three-row electric SUV during a Hyundai event in the Hollywood Hills in Los Angeles, California, US, November 20, 2024. REUTERS/Daniel Cole

India will offer up to $5 billion in incentives to companies to make components locally for gadgets from mobiles to laptops, two government officials said, in a bid to bolster the burgeoning industry and wean off supplies from China.
India's electronic production has more than doubled in the last six years to $115 billion in 2024, led by growth in mobile manufacturing by global firms such as Apple and Samsung. It is now the world's fourth-largest smart phone supplier.
But the sector faces criticism for its heavy reliance on imported components from countries such as China.
"The new scheme will incentivize production of key components like printed circuit boards that will improve domestic value addition and deepen local supply chains for a range of electronics," one of the two officials said.
The incentives are likely to be offered under a new scheme expected to be launched in two to three months, said the officials, who asked not to be identified as details of the scheme are not yet public.
The scheme is likely to offer incentives totaling between $4-$5 billion to global or local firms which qualify, Reuters reported.
The plan, designed by the India's electronics ministry, has identified components eligible for incentives and is in its final stages.
The finance ministry will approve the scheme's final allocation soon, the first official added, with the sources expecting it to be launched in the next 2-3 months.
India's electronics ministry and finance ministry did not immediately respond to requests for comment.
India is aiming to expand its electronics manufacturing to $500 billion by the fiscal year 2030, including production of components worth $150 billion, according to the government's top policy think tank Niti Aayog.
India imported electronics, telecoms gear, and electrical products worth $89.8 billion in the fiscal year 2024, with more than half sourced from China and Hong Kong, according to an analysis by private think tank GTRI.
"This scheme is coming at a time when it is critical to promote component manufacturing that will help us aim for a global-scale of electronics production," Pankaj Mohindroo, head of India's Cellular and Electronics Association, said.