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Microsoft's Africa Data Center Project Stalled Due to Payment Guarantee Requirement

According to Dynasty Beating monitoring, Bloomberg reported that, according to sources familiar with the matter, Microsoft's large-scale data center project in East Africa has been delayed due to a disagreement with the Kenyan government over payment guarantee requirements.

Sources stated that Microsoft and its partner, the Abu Dhabi-based technology group G42, had requested the Kenyan government to commit to paying a certain scale of data center capacity fees annually. Since the relevant negotiations were conducted in private, these sources requested anonymity.

They indicated that due to the Kenyan government's inability to provide the payment guarantee at the level Microsoft required, the negotiations between the two parties eventually collapsed.

Fuente:BlockBeats

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