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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.
Jumia Technologies AG said Mastercard Inc has agreed to invest Sh5.6 billion (50 million euros or $56 million) in a private placement ahead of the Africa-focused online retailer’s planned initial public offering in New York.
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