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 European Investment Bank has given a Sh4.1 billion ($40 million) to I&M Bank to lend to Kenyan startups.
According to European bank's executive director in charge of business financing outside Europe, Robert Schofield, I&M Bank will advance the loans to startups that can afford to finance 50 per cent of the projects they are undertaking.
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