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.
Deputy Executive Director -UNHabitat- Dr. Aisa Kyawira (L) and Acting Managing Director- Shelter Afrique. Mr. Femi Adewole (PHOTO: James Wanzala,Standard)
NAIROBI, KENYA: Mortgage lender Shelter Afrique is shopping around for new shareholders to help it meet its debt obligation as countries drag their feet to fund it.
The firm, which is co-owned by 44 African nations, the AfDB and the Africa Reinsurance Company, has been calling for a bailout to meet liquidity ratios, pay its debt and finance its strategic goals.
Premium Article
Get Full Access for Ksh299/Week.
Bold Reporting Takes Time, Courage and Investment. Stand With Us.
Stand With Bold Journalism.
Stand With The Standard.
Journalism can't be free because the truth demands investment.
At The Standard, we invest time, courage and skills to bring you accurate,
factual and impactful stories. Subscribe today and stand with us in the
pursuit of credible journalism.