Funke Opeke (MainOne) Biography – Funke Opeke is a Nigerian electrical engineer and the creator of Main Street Technologies and the Chief Executive Officer of Main One Cable Company, a communications services firm situated in Lagos, Nigeria. Her company, MainOne, is the biggest provider of communications services and network solutions in West Africa.
|Comapany Founded||Main One Cable Company|
|Profession/Occupation||Electrical Engineer, Digital and Tech Entrepreneur|
|State of Origin||Ondo State|
|Education||Obafemi Awolowo University|
|Net worth||$10 million|
Funke Opeke Background
Funke Opeke Background – Funke Opeke went to Queens School in Ibadan, Oyo State, Nigeria, which was exclusively for girls.
She was born and raised in Ibadan, the capital of Oyo State, while she is originally from Ile-Oluji in Ondo State.
Her father was the first Nigerian director of the Cocoa Research Institute of Nigeria, and her mother was a teacher, and she was born into a family of nine.
Funke Opeke Education
Funke Opeke Education – Obafemi Awolowo University and Columbia University awarded Funke Opeke bachelor’s and master’s degrees in electrical engineering, respectively.
Funke Opeke Career
Funke Opeke Career – She began her career in ICT in the United States as an executive director with Verizon Communications’ wholesale division in New York City after graduating from Columbia University.
She joined MTN Nigeria as chief technical officer in 2005. (CTO). For a brief time, she was an adviser at Transcorp and the chief operating officer at NITEL.
In summary, after 20 years in the telecoms industry in the United States, Funke Opeke returned to Nigeria to address the country’s connectivity issues. When the former Verizon executive joined NITEL, a public telecommunications firm, he discovered that satellites were just part of the problem.
So, in 2008, she directed her engineer’s gaze to the sea, raised $240 million in finance, and constructed 4,400 miles of fiber optic cable connecting Nigeria and Portugal. Big business soon followed suit.
Online banking, travel booking services, and retail websites all contributed to the development of what is now Africa’s largest economy. Nigeria’s Internet presence, which was earlier largely linked with scams, is now a developing sector in which foreign commercial prospects can be found. Opeke is widely credited with bringing about this transformation.
Funke Opeke Company
Funke Opeke Company – Funke Opeke founded MainOne 9 in 2008 after returning to Nigeria and noticing the country’s terrible internet access. MainOne is the major provider of communication services and network solutions in West Africa.
The business constructed West Africa’s first privately owned, open access 7,000-kilometer undersea high-capacity cable submarine, which will dock in Accra (Ghana), Dakar (Senegal) in 2019, Abidjan (Côte d’Ivoire) in 2019, and Lagos (Nigeria) in 2020. (Nigeria).
Her passion to improve her own nation led to the creation of Africa’s largest cable provider.
Main One Cable Company became more palpable after pledging all of her money, confronting further problems of acquiring funds for the start-up cable business, and carrying out in-depth foundational works, feasibility studies, business strategies, and technical plans. I
Her business opened MDXi, dubbed Nigeria’s largest Tier III Data Center, in 2015, and also extended a submarine cable from Lagos to Cameroon.
Many people are inspired by her accomplishments. Funke is the founder of Mainstreet Technologies, a significant provider of network solutions in West Africa, and the creator of MainOne cable.
Funke Opeke Net worth
Funke Opeke Net worth – Funke Opeke has an estimated net worth of $10 million. Funke Opeke is a Nigerian electrical engineer and the creator of Main Street Technologies and the Chief Executive Officer of Main One Cable Company, a communications services firm situated in Lagos, Nigeria.
Equinix Purchases MainOne
Equinix is in the midst of buying #MainOne, a West African data center and connectivity solutions provider, for $320 million.
The deal will add more than 64,000 gross square feet of space to #PlatformEquinix, as well as 570,000 square feet of land for future expansions, and is slated to close in the first quarter of 2022.
MainOne owns and runs a 7,000-kilometer undersea network between Nigeria and Portugal, as well as a 1,200-kilometer terrestrial fiber network in southern Nigeria.
Connectivity to and from Europe, West African countries, and Nigeria’s major business communities has been aided by the company’s digital assets.
When finalized, the acquisition would expand Platform Equinix into West Africa, providing access to one of the world’s fastest expanding regions for both African and non-African businesses.
FunkeOpeke, CEO of MainOne, who will remain as CEO of Platform Equinix after the acquisition is completed, and #JudithGardiner, Vice President, Growing & Emerging Markets at Equinix, discuss the $320 million deal and the value proposition for both parties and other stakeholders in this interview.