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 JKIA-Westlands Expressway is financed by a Chinese-based company. [Elvis Ogina, Standard]
Kenya owes less than 10 per cent of its public debt, or, less than 20 per cent of its foreign debt, to Chinese creditors. Therefore, labelling China as Kenya’s main creditor is an overstatement.
Western investors, often in forms of multi-lateral financial institutions and commercial creditors, are the largest creditors of African countries including Kenya.
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