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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.
Two leading development finance institutions from France and Germany are set to become shareholders of local retail chain Naivas Supermarkets following the exit of private equity firm Amethis.
The French Development Agency (AFD) and Germany's KfW Group are set to own a minority stake in the retailer through a Mauritius registered company partly owned by their respective subsidiaries.
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