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The Standard e-Paper
Kenya's Bold Newspaper
The Standard Group Plc is a
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print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
Six commercial banks will finance the bulk of the Sh43 billion pipeline project between Nairobi and Mombasa in one of the single largest loans for a State corporation.
Newly appointed chairman of Kenya Pipeline Company (KPC), John Ngumi, said a deal had been struck with the local lenders to provide the credit facility for the mega project that could significantly slash the cost of transporting fuel products.
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