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.
AfriExim Bank President Benedict Oramah and Treasury Cabinet Secretary Njuguna Ndung'u signed a Sh400 billion loan deal in the presence of President William Ruto at State House, Nairobi. [PCS]
The cash-strapped government has received a huge financial boost after inking a $3 billion (Sh407 billion) loan deal that will cushion the battered economy against external shocks.
The three-year loan financing programme from the African Export-Import Bank (Afreximbank) was signed yesterday at State House, Nairobi.
Unlock the Full Story – Go Beyond the Headlines
This story continues on The Standard INSiDER. Subscribe now for unfiltered journalism that holds power to account.