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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.
The World Bank is launching a $500 million (Sh50 billion) insurance fund to combat deadly pandemics in poor countries.
Japan has committed the first $50 million (Sh5 billion) towards the facility, which will combine funding from reinsurance markets with the proceeds of a new type of World Bank-issued high-yield pandemic ‘catastrophe’ bond, the bank said at weekend.
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