Microsoft's African Data Center Project Faces Payment Negotiation Hurdles
Microsoft (NASDAQ:MSFT) is facing challenges with its East Africa data center project due to stalled negotiations over guaranteed payment commitments from the Kenyan government. The $1 billion initiative, launched in May 2024 alongside G42 and announced during President William Ruto’s visit to Washington, has seen talks break down as Kenya could not meet requested financial guarantees.
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Topics: Africa data centers G42 investment Kenya Microsoft