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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.

The World Bank Group has announced plans to expand its guarantee operations in Africa, targeting $6.4 billion in annual guarantees by 2030 as part of a broader effort to attract private investment, create jobs, and accelerate economic growth across the continent.

Mastercard has partnered with Johannesburg-based fintech company SAVA to bolster financial inclusion for small and medium-sized businesses (SMMEs) in Africa.

U.S.-based energy company HYDRO-LINK has unveiled a plan to construct a 1,150-kilometre electricity transmission line that will connect Angola with the Democratic Republic of the Congo (DRC).