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The BRT system is expected to provide a faster, more efficient, and more affordable means of transport. Dubbed BRT 3, the transit line will feature zero-emission electric buses and will introduce intelligent transport system features. With the new funding, the government of Kenya will be able to further expand the BRT system, which renewable energy sources will power.

Safaricom PLC has reached a major milestone, making history as the first East African business to earn over $3 billion (KES 388.7 billion) in annual revenue.

Capria Ventures, the global investment firm focused on backing early-stage impact-driven businesses, announced its first Global South Fund II close at $100 million.

Telecom Egypt, the leading telecom operator in Egypt, and 4iG Group, a prominent Hungarian IT and telecommunications group, have signed a Memorandum of Understanding (MoU) to establish a joint venture (JV) focused on building a state-of-the-art fiber network.