You are ignoring that there are services in Africa focused on the African market. These services could greatly benefit from hosting in a data center and serving

You are ignoring that there are services in Africa focused on the African market. These services could greatly benefit from hosting in a data center and serving their customers from the same continent without having to hop to the EU and back. Granted, depending on where you are (equatorial coast vs. southern) then you may end up hopping anyways because there isn't much (any?) direct usable fiber across the continent.