KoTDA to improve data management and bank protection –

The Central Bank of Kenya commended the Konza Technopolis Development Authority (KoTDA) for establishing a national data center and pledged to support its efforts in sourcing foreign investors.

Speaking during a visit to KoTDA, CBK Deputy Governor Sheila M’Mbijjewe said the impressive facility is crucial for Kenya’s development.

“Kenya’s economy is now diversified. We are no longer heavily dependent on agriculture. We lean more towards service dependence. Konza is therefore in the process of being one of the anchor points on which the country’s economy will develop. It is very important for the Central Bank of Kenya, which monitors the economy, to be here today and be part of the developing future. She declared.

Read: Machakos, Makueni and Kajiado counties suspend development in Konza Technopolis buffer zone

M’Mbijjewe noted that the facility could position Kenya towards transformation to a knowledge-based economy due to its world-class capacity. The data center is already certified to global standards

“The national data center here in Konza is very impressive. I have visited data centers in European countries and you can easily see a lot of similarities. The facility is large, has very modern security capabilities and can easily be adapted for expansion, if needed, ”she added.

Ten private and public institutions, including banks, already host their data at the National Data Center. KoTDA seeks to attract Foreign Direct Investment (FDI) to Kenya through the services of the facility.

Read also: Konza Technopolis Phase I National Data Center Completed

Konza Technopolis Development Authority CEO John Tanui noted that CBK Deputy Governor visit to KoTDA demonstrates the Bank’s commitment to ensuring the country’s economic stability through technology.

“Data is now becoming as important as money. I am therefore delighted to see that the CBK is constantly looking for modern and technological means to guarantee the financial stability of the country. Today we had the opportunity to introduce the National Data Center here at Konza Technopolis to CBK and look forward to deepening our engagement with the Bank to improve data management and protection for financial sector institutions, ”said Eng. Tanui.

“CBK works closely with major investors in the country and it is important that they are aware of the progress and investment opportunities at Konza Technopolis. Today’s engagement with CBK will therefore go a long way in positioning Konza as an investment hub for local and global investors, thus stimulating development, ”added Eng. Tanui.

Read: Konza Technopolis will link startups to investors through partnership with NSE

M’Mbijjewe and Tanui are committed to working closely together to expand development in the future.

Over the past few months, KoTDA has attracted a number of institutions, both private and public, seeking to exploit the facility’s investment opportunities.

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Ramon J. Espinoza