Microsoft’s African Data Center Falters on Payment Demands, Bloomberg News Reports
The $1 billion plan could be scaled back as Microsoft and G42 seek annual payment guarantees the Kenyan government would not provide.
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WTVBMicrosoft’s African data center falters on payment demands, Bloomberg News reports
May 10 : A Microsoft data center site in East Africa has been delayed by disagreements with the Kenyan government over the company’s request for guaranteed payments, Bloomberg News reported on Sunday citing people familiar with the matter.In May 2024, Microsoft partnered with UAE-based AI firm G42 to invest
Microsoft's African Data Center Falters on Payment Demands
(Bloomberg) — A major Microsoft Corp. data center site in East Africa has been delayed by disagreements with the Kenyan government over the company’s request for guaranteed payments, people familiar with the matter said.
Microsoft's African data center falters on payment demands, Bloomberg News reports
Microsoft's planned data center in Kenya faces delays. Disagreements with the Kenyan government over guaranteed payments have stalled the project. The company partnered with G42 for a $1 billion investment. Talks are ongoing, but the scale of the facility requires further structuring. Power requirements are also under discussion.
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