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The Standard Group Plc is a
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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.
Exporters and cross-border traders have received a major boost with the approval of a Sh7.8 billion ($60 million) financial guarantee facility from the African Development Bank (AfDB) to Equity Bank Kenya.
The move is designed to directly ease the flow of goods and payments across borders. The facility, dubbed Transaction Guarantee, will act as a powerful financial incentive for local businesses.
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