Serrari Group

EADB Secures Landmark US$40 Million from OPEC Fund to Ignite East African SME and Infrastructure Growth

In a monumental stride towards fostering robust economic development and sustainable growth across East Africa, the East African Development Bank (EADB) has officially inked its largest single financing agreement to date with the OPEC Fund for International Development. The landmark deal, formalized on Wednesday at the OPEC Fund’s headquarters in Vienna, secures a substantial US$40 […]

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Meta Ignites African Innovation with Major Open-Source AI Accelerator Launch

In a significant stride towards fostering local technological innovation and empowering developers across the continent, tech giant Meta has officially launched its Llama Impact Accelerator Program across Sub-Saharan Africa. This groundbreaking initiative, developed in partnership with national innovation agencies and a diverse array of ecosystem partners, aims to cultivate open-source Artificial Intelligence (AI) tools meticulously […]

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DisrupTech Ventures backs Nigeria’s Winich Farms, marking its Sub-Saharan Africa debut

In a landmark move poised to reshape the landscape of agricultural finance and technology across Africa, Egypt-based DisrupTech Ventures, a prominent early-stage fintech fund, has announced its first foray into Sub-Saharan Africa with a strategic investment in Winich Farms, a dynamic Nigerian agri-fintech startup. This significant backing, part of Winich Farms’ pre-Series A funding round, […]

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Hive Hydrogen’s Coega Green Ammonia Project Secures $20 Million Investment, Advancing South Africa’s Green Hydrogen Ambitions

In a pivotal moment for South Africa’s burgeoning green hydrogen economy, the Hive Hydrogen Coega initiative, poised to become the nation’s first large-scale green ammonia project, has successfully secured an initial investment of up to $20 million (approximately EUR 17.3 million) from the SA-H2 Fund. This landmark funding commitment marks a crucial stride in the […]

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ExxonMobil Consortium Secures Vital Extension for Angola’s Block 17, Cementing Future Production and Economic Stability

In a move set to bolster Angola’s economic future and solidify its position as a leading African oil producer, a formidable consortium led by American multinational energy giant ExxonMobil has officially signed a production sharing contract (PSC) extension for Block 17, one of Angola’s most prolific and strategically important offshore assets. This critical agreement, involving […]

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South Africa launches first green hydrogen skills programmes

In a landmark announcement that resonates far beyond its borders, South Africa has officially approved the nation’s first-ever green hydrogen skills programmes. This pivotal development, spearheaded by the Chemical Industries Education and Training Authority (CHIETA) and formally sanctioned by the Quality Council for Trades and Occupations (QCTO), signals a decisive leap forward in building South […]

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Africa’s startups raised $254M in May 2025, Pushing Year-to-date VC funding past $1B 

Despite a global landscape often characterized by a cautious venture capital market, Africa’s vibrant startup ecosystem continues to demonstrate remarkable resilience. In May 2025, startups across the continent collectively secured a robust $254 million in funding. While this figure represents a slight dip from April’s impressive haul, it signifies a stronger performance compared to March […]

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Greencoat Renewables Lists on the JSE’s AltX, Expanding its Investor Base

In a significant move that underscores the growing global appetite for sustainable investments, Greencoat Renewables Plc (GRP), a prominent owner and operator of European renewable energy infrastructure assets, officially debuted its secondary listing on the JSE’s AltX on Monday. This strategic decision marks a new chapter for the Irish-based company, which maintains its primary listings […]

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Dangote Petrochemicals Wins Regulatory Approval for NGX Listing

Dangote Petrochemicals—a spinoff from the massive Dangote Refinery and Petrochemicals complex—is on the verge of a groundbreaking listing on the Nigerian Exchange (NGX) before the end of June 2025. NGX Chairman, Dr Umaru Kwairanga, confirms the group has obtained regulatory approval (thenationonlineng.net). Once floated, the listing is anticipated to strengthen market confidence, attract substantial investment, and align […]

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