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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.

MTN MoMo, the mobile money arm of MTN Group, and Mastercard have announced a multi-market partnership aimed at expanding access to digital financial services across Africa.

Pan-African digital payments network MFS Africa has joined forces with Mvola, the biggest mobile money provider in Madagascar, to pave the way for inbound international money transfers.

The African Development Bank Group has approved a $61 million funding package to help expand access to finance for women-led businesses in Nigeria, with a strong focus on agriculture and other sectors critical to economic growth.