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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.

M-KOPA, a pioneering company in the field of asset financing and renewable energy solutions in Africa, has secured over $250 million in a combination of debt and equity funding.

SEACOM LTD, one of the leading Pan-African data services providers, has secured $207 million in funding from the International Finance Corporation (IFC) to accelerate digital connectivity in seven African countries.

Paymob, the leading financial services enabler in the Middle East, North Africa and Pakistan (MENA-P), has announced a partnership with Mastercard to accelerate digital payment acceptance across the MENA region.