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Ghana, Nigeria, and South Africa lose $4m, $16.19m, and $7.5m respectively in 24 hours due to data disruption

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Recent data network disruptions caused by the damaging of undersea cables off the coast of and have resulted in substantial economic losses for several countries in Sub-Saharan Africa. Economist Michael Lavigne estimates that within 24 hours, the economies of Ghana, , and have collectively lost over $4 million, $16.19 million, and $7.5 million, respectively.

The impact of these disruptions highlights the critical role of digital infrastructure in driving economic growth, particularly in the era of the Fourth Industrial Revolution.

Michael Lavigne emphasizes the urgent need to expand digital infrastructure and establish alternative sources for internet access in Sub-Saharan Africa to mitigate the effects of such disruptions and foster continued economic development.

Ghana, Nigeria, and South Africa lose $4m, $16.19m, and $7.5m respectively in 24 hours due to data disruption
Souce: Michael Lavigne (TWITTER @mich__lavigne)

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