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How to Setup Local HTTP Yum Repository on CentOS 7

A software repository (“repo” in short) is a central file storage location to keep and maintain software packages, from which users can retrieve packages and install on their computers.

Repositories are often stored on servers on a network for example the internet, which can be accessed by multiple users. However, you can create and configure a local repository on your computer and access it as a single user or allow access to other machines on your LAN (Local Area Network).