The Egypt data center market by investments is expected to grow at a CAGR of 16.47% from 2024 to 2030.
Egypt is one of the growing data center markets in Africa and has witnessed increasing investments over the last two to three years. The Egypt data center market expansion is driven by factors such as increased use of digitalization, AI and Big data, growing smart cities development, and government support. Furthermore, the country also has favorable conditions for renewable energy generation and government support for renewable energy. In September 2024, Egypt was set to attract around USD 40 billion in investment for green hydrogen and renewable energy technology and the country has signed agreements with seven international developers.
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