US EXIM bank backs first data center in sub-Saharan Africa in counter-China move
( August 21, 2025, 20:20 GMT | Official Statement) -- MLex Summary: The Export-Import Bank of the United States approved a $66 million guarantee to a US exporter, Cybastion Institute of Technology LLC, which will help build a data center in Côte d'Ivoire. The transaction is the first data center that EXIM has backed in sub-Saharan Africa, and is designed to counter Chinese influence. EXIM is also supporting a rail project in Kazakhstan with a $448 million guarantee, an effort it said will also counter China.Statement below:...
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