×
The Standard e-Paper
Fearless, Trusted News
The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
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.
Subscribe to our newsletter and stay updated on the latest developments and special offers!
join