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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.

Verto, a leading London-based fintech and payment solution provider, has announced a strategic partnership with the United Bank of Africa (UBA) to streamline cross-border transactions for Kenyan entrepreneurs, small-scale businesses, and corporations.

Asaak, a leading Ugandan fintech company, has acquired FlexClub, a Mexican startup that provides car financing for Uber drivers.

The International Finance Corporation (IFC), part of the World Bank Group, has introduced a new program called the Africa Leadership Economic Advancement and Development for Women (LEAD) Alliance.