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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.
Internet service provider Liquid Telecom has raised Sh33.4 billion ($307 million) through a rights issue to fund a rapid expansion of its data centre business across Africa.
The rights issue included an additional Sh4.3 billion ($40 million) from UK development finance entity CDC Group Plc, the group said in a statement.
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