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.
Tally Einav, UNIDO Representative; Prof Erastus Gatebe, Industrialization Secretary at the State Department for Industry; CPA Norah Ratemo, Director General of the Kenya Development Corporation (KDC) and Joyce Njogu, Head of Consulting, Business Development and Sustainability, attend a dinner for the Kenya Industrialization Conference in Nairobi. [Brian Ngugi, Standard]
The Kenya Development Corporation (KDC) says it has mobilised Sh17.3 billion over the past two years to fund an industrial transformation drive, aiming to bridge a long-term capital gap for businesses.
The state-owned development financier said 69 per cent of the funds had been channeled directly into industrial projects, with the remainder used to support other financial institutions through wholesale lending arrangements.
Get Full Access for Ksh299/Week
Unlock the Full Story — Join Thousands of Informed Kenyans Today