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18 stories15 Apr 2025 — 17 Jul 2025

Saudis invest big in US weapons, AI as Trump basks in welcome

Riyadh, AFP – Saudi Arabia on Tuesday promised billions of dollars in deals with the United States from defence to artificial intelligence as it threw a lavish welcome for President Donald Trump on the first state visit of his second term. Trump returned the…

5 min

Kenya Secures Sh78 Billion Roads Financing From Commercial Banks

In a bid to keep road projects on track despite tightening public finances, the Kenyan government has secured $600 million (KSh77.8 billion) in short-term financing from commercial banks, leveraging future fuel levy collections as collateral. The funds will…

3 min

SBM Bank Kenya Swings to Profit After a Year in the Red

SBM Bank Kenya has reported its first quarterly profit in a year, reversing a string of losses that saw the lender close 2024 with a net deficit of Sh1.07 billion. Unaudited results for the three months ended 31 March 2025 show a net profit of Sh212 million,…

2 min

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