Facebook takes stake in Safaricom’s subsea cable

Safaricom is listed as the project proponent in the Facebook submarine partnership, dubbed the Daraja Fibre Optic Cable.

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A unit of US tech giant Facebook will finance and take a stake in Safaricom’s undersea fibre optic cable running from Oman to Mombasa in the race for more bandwidth, high-speed internet and less reliance on third parties.

Edge Network Services Ltd, an Ireland-based affiliate of Facebook owner Meta, is listed as a project financier for the 4,108-kilometre subsea fibre optic cable, according to regulatory filings from the National Environment Management Authority (Nema)—the environmental watchdog.

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