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.
Toyota Tsusho has bought a 9.5 percent stake in Kenyan information technology firm Seven Seas for a reported $3 million, the Kenyan firm said on Friday.
The purchase, which was carried out by Toyota Tsusho's subsidiary, CSV Africa, a venture fund it established in 2014, values the Kenyan firm at 3.2 billion shillings ($31.4 million).
Premium Article
Get Full Access for Ksh299/Week.
Fact-first reporting that puts you at the heart of the newsroom. Subscribe for full access.
🔥 Flash Sale !
Subscribe now and enjoy 50% off monthly and annual plans. Offer ends in…