Key Market Highlights: 

• As of January 2022, the population in the country was over 55.6 million, with an internet penetration rate of around 42%. Over 21% of them are active social media users.  
• Nairobi, the capital city, is a favorable location for data center development. Mombasa, a port city, is another location that is witnessing data center investments as it is connected to the Middle East, Europe, and Asia through fiber cables. 
• Kenya Electricity Generating Company Limited (KenGen), the leading electric power generation company in Kenya, announced plans to build a Tier IV data center as an additional revenue stream for the company. It will offer colocation and managed to host, among other services. 
• Acquisitions and joint ventures enable new players to enter the Kenya market, attract customers, and capture a greater market share. For instance, Interxion (Digital Realty) acquired a majority stake of around 70% in icolo.io.