Standard Chartered Bank is leading a revolution in blended finance to tackle Africa’s annual $130 billion infrastructure financing gap, as outlined by Kariuki Ngari, the bank's Managing Director and CEO.

• Africa faces a staggering annual infrastructure financing gap of $130 billion.
• The bank aims to combine public and private capital for infrastructure projects.
• In 2024, Standard Chartered financed $4 billion worth of projects and has shown success with innovative financing models, notably in Côte d’Ivoire and Angola.

Kenyan motorists face a notable increase in fuel prices as the Energy and Petroleum Regulatory Authority (EPRA) announces price hikes for the period July 15 to August 14, 2025.

• Super petrol price will rise by KES 8.99 per litre, with new prices in Nairobi at approximately KES 186.31.
• The price increase is attributed to rising landed costs of imported petroleum products.
• This surge marks the most significant price increase since January 2024, ending a trend of stable fuel costs throughout 2024 and early 2025.