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UAE Tycoon Al Ashram, MTN Agree to Build Africa AI Data Centers

Source: Bloomberg

Artificial IntelligenceTechnology & InnovationInfrastructure & DefensePrivate Markets & Venture

MTN Group and Dubai-based tycoon Tarek Al Ashram will develop data centers in Africa to power artificial intelligence deployments. The announcement is a positive step toward scaling AI infrastructure on the continent, though specific capex, timelines, and commercial terms were not provided.

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