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.
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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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