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.
Shelter Afrique Development Bank (ShafDB) has signed a $120 million (Sh15.5 billion) agreement with the Arab Bank for Economic Development in Africa (BADEA) to support its capital increase subscription initiative.
The Pan-African institution focuses on affordable housing and urban development. The facility will support the ShafDB capitalisation programme and help eligible member States settle and increase their capital subscriptions.
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