Serrari Group

South Africa’s PIC Invests $40 Million in Africa50: A Bold Step for Pan-African Infrastructure Development

In a landmark move poised to reshape the continent’s infrastructure landscape, South Africa’s Public Investment Corporation (PIC) has committed a $40 million investment in Africa50 Group—a pan-African infrastructure investor and asset manager. Acting on behalf of the Government Employees Pension Fund (GEPF), the PIC’s capital injection not only strengthens Africa50’s funding capacity but also underscores […]

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Pan-African Private Equity Firm Inspired Evolution Closes $238M for Evolution III Fund to Accelerate Africa’s Clean Energy Transition

In a significant milestone for Africa’s renewable energy sector, pan-African private equity firm Inspired Evolution has announced the final close of its Evolution III Fund, securing total commitments of $238 million from 19 investors. This achievement marks not only the culmination of a robust fundraising effort but also reinforces Inspired Evolution’s role as a key […]

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Uganda Signs an ‘Implementation Agreement’ with Emiratis on Refinery Project

In a landmark development for Uganda’s energy sector, the Ugandan government has signed an Implementation Agreement with UAE investment firm Alpha MBM Investments LLC, marking a decisive step toward the construction of a long-stalled 60,000-barrel-per-day crude oil refinery. The agreement, inked at State House in Entebbe on March 29, 2025, in the presence of President […]

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Actis-Led Consortium Completes Acquisition of Leading South African Tower Platform Swiftnet

In a transformative move for South Africa’s digital infrastructure landscape, a consortium led by Actis—a global investor known for sustainable infrastructure investments—has finalized the acquisition of a 100% stake in Swiftnet from Telkom. This deal, announced on 28 March 2025, not only strengthens the consortium’s presence in Africa’s telecommunications market but also sets the stage […]

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BTG and Africa Oil Corp Consolidate Hydrocarbon Shareholding: A New Chapter in Global Energy Investments

In a move that underscores the dynamism and evolving nature of the global energy sector, Latin America’s largest investment bank, Banco BTG Pactual (BTG), and Canada–Swedish-listed Africa Oil Corp have finalized an agreement that restructures and consolidates their existing stakes in the offshore exploration and production company, Prime Oil & Gas Coöperatief. This landmark deal, […]

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Morocco Strikes USD 230 Million Deal with Sunrise Group: A New Era for North Africa’s Textile Industry

In a major development poised to transform North Africa’s industrial landscape, the Kingdom of Morocco has signed a landmark investment agreement with Chinese textiles company Sunrise Group. Valued at MAD 2.3 billion (approximately USD 230 million), the deal is expected to generate significant economic benefits for Morocco, including the creation of around 8,500 jobs, both […]

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African Development Bank Group to Expand Investment in Lesotho to $331 Million

In a landmark move poised to transform Lesotho’s economic landscape, the African Development Bank Group (AfDB) announced plans to invest $331 million in the kingdom over the next five years as part of its new Country Strategy Paper for 2025-2030. This ambitious investment is aimed at bolstering the nation’s infrastructure, industrial competitiveness, and overall socio-economic […]

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Tanzania Woos Foreign Investors with New Land Policy

In a bold move aimed at transforming its economic landscape, Tanzania has unveiled a revised National Land Policy designed to attract foreign investments in real estate, industrial development, and agriculture. The new policy, launched by President Samia Suluhu Hassan in Dodoma on March 20, 2025, marks a decisive shift from previous restrictions and outdated registration […]

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South Africa: Strong Investor Demand Fuels Zeda’s R850 Million Bond Raise Led by Standard Bank

In a landmark move that underscores the strength of South Africa’s capital markets, Zeda Limited, Southern Africa’s leading integrated mobility solutions provider, successfully raised R850 million through its inaugural bond auction. The offering, spearheaded by Standard Bank, witnessed overwhelming investor interest with bids totaling R2.36 billion. This robust subscription not only validates Zeda’s strong performance […]

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