MALAWI IS NOT A CONDUCIVE ENVIROMENT FOR STRONGER SOCIAL NETWORK INVESTMENT-FACEBOOK

A statement that the social network conglomerate has released shows that its newest office in Melrose Arch, Johannesburg, is part of the
company’s strategy to expand its
investment and presence across the region and its commitment to support businesses connect with people and grow locally and
regionally.

The company intends to achieve this by partnering with governments and telecom operators in the region.
However, while including all her three neighbours (Tanzania, Zambia and Mozambique), Malawi will not directly benefit from Facebook’s initial focus as the
company grows its business presence across the region.

“This new office is a significant milestone for Facebook and our teams want to partner with businesses across the
continent…We are inspired by the incredible ways people and businesses in Africa use Facebook to connect” said Nicola Mendelsohn, Facebook’s vice-president for Europe, the Middle East and Africa (EMEA).

Facebook is already a central part of people’s lives in Africa with over 120 million active users mostly accessing it using
mobile phones.

“Our priority for the next few months is to work more closely with businesses and agencies to build solutions that help grow
their business. People increasingly want to be connected to the world around them and desire information about new services
and products to better their lives.

“At the same time, businesses need stronger, more flexible and less fragmented ways of reaching people in Sub Saharan Africa. Our mission will be to connect
brands and consumers in Africa, creating value for all parties in the process.” said Facebook’s Regional Director for MEA
(Middle East and Africa), Ari Kesisoglu,Ari Kesisoglu.

Ogilvy veteran, Nunu Ntshingila, will be Facebook’s Head of Africa.

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