U.S announces Ksh3.7 Billion funding to Kenya
U.S. announces Ksh3.7 Billion funding to Kenya to finance data centres in Nairobi County
U.S. announces Ksh3.7 Billion funding to Kenya to finance data centres in Nairobi County.
US Ambassador to Kenya Meg Whitman announced that the country was set to receive Ksh3.7 billion to finance data centres in Nairobi County.
The funding will be used to expand the Africa Data Center, the ambassador said on January 19 while speaking in Nairobi.
She welcomed the financing strategy and said it was a significant step forward for the nation and the tech sector.
Whitman expressed confidence in finance while describing Kenya as a leading hub for technology.
“I am delighted to announce Ksh3.7 billion (USD30 million) funding in support of the expansion of the Africa Data Centers here in Nairobi.
“Excited to tour the Africa Data Center and participate in the groundbreaking for their expansion – more than doubling their current capacity and securing Kenya’s digital infrastructure,” she stated.
Bill Gates Foundation announces largest ever annual budget
Government announces plans to raise the minimum pension
The U.S. Ambassador also revealed that the financing was part of the Ksh37 billion pledge to the continent made in 2021.
However, she indicated that Kenya was the biggest beneficiary of the programmes aimed at improving the tech industry in the continent.
“What is happening in the Kenyan tech space is clear, opportunities are bound and investors are starting to recognize this. Kenya is now the largest recipient of ventured capital adjusted for GDP in the continent
“It is growing the fastest, thriving and driving Kenya’s revolution,” she stated.
Whitman was accompanied by her British counterpart, Jane Marriot, who expressed that the UK would also partner with Kenya in the sector.
“I am proud of the partnership between UK and Kenya investing in large scale infrastructure executed at scale, speed and with integrity,” Marriot assured.
Data centres are cloud-neutral facilities and provide critical business data.
Also read,
Russia warn the USA of nuclear war if it is defeated in Ukraine
U.S announces scholarships for Kenya students; How to apply
Follow us
