Serrari Group

Morocco Powers Africa’s Clean Energy Revolution with $5.6 Billion Chinese Battery Gigafactory Investment

Morocco is making history as the host of Africa’s first battery gigafactory, following a landmark $5.6 billion investment from China’s Gotion High-Tech. This groundbreaking project positions the North African kingdom at the heart of the global clean energy race, transforming Morocco into a key supplier of batteries for electric vehicles and renewable energy storage systems. […]

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Saudi Arabia Makes Historic $700 Million Bet on African Industrialization Through Arise IIP Investment

In a groundbreaking move that underscores the growing investment appetite for African infrastructure, Saudi Arabia’s Vision Invest has completed a landmark $700 million investment in ARISE Integrated Industrial Platforms (Arise IIP), marking the Saudi firm’s first direct investment on the African continent. This substantial capital injection represents one of the largest private infrastructure raises in […]

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Saudi Arabia’s Vision Invest Enters Africa with Historic $700 Million Deal

Saudi Arabia’s Vision Invest has completed a landmark $700 million investment in pan-African industrial zone developer ARISE Integrated Industrial Platforms, marking one of the largest private infrastructure transactions in Africa to date and the Saudi holding company’s first strategic foray into the continent. The capital raise, announced Wednesday by Dubai-headquartered ARISE IIP, includes both primary […]

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Afreximbank launches African Trade and Distribution Company with $1B to boost Africa’s trade

The African Export-Import Bank (Afreximbank) has launched the African Trade and Distribution Company (ATDC), seeded with US$1 billion to transform how the continent trades raw materials and value-added products. The initiative includes a key subsidiary, ATDC Minerals (ATMIN), focused on minerals and hydrocarbons. The launch, held in Algiers during the Intra-Africa Trade Fair, comes with […]

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Aavishkaar Capital invests $5M in Horizon Group Africa via GSCSF

Aavishkaar Capital, the investment arm of India’s prominent Aavishkaar Group, has announced a strategic $5 million loan to Horizon Group Africa through its Global Supply Chain Support Fund (GSCSF), marking a pivotal moment in Africa’s quest to reclaim its position in the global spice trade. This investment, made in collaboration with German development bank KfW, […]

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MTN’s Plan to Exit Iran Investment Stymied by US Sanctions as Company Faces Criminal Probe and Eyes Telkom Acquisition

MTN Group faces a perfect storm of challenges as US sanctions freeze its $10 billion Iran investment, a Department of Justice grand jury investigation probes potential terrorism links, and the company considers reviving Telkom acquisition talks amid South Africa’s evolving telecoms landscape. Africa’s largest mobile operator MTN Group finds itself at a critical crossroads, balancing […]

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Egypt Ranks 9th Globally, First in Africa for Investment with Record $46.1 Billion FDI

Egypt has secured its position as the ninth-largest investment destination globally and the top destination in Africa, attracting a record-breaking net inflow of $46.1 billion in foreign direct investment (FDI) during the 2023/2024 fiscal year. This extraordinary achievement represents a staggering 361% increase from the previous year’s $10 billion, marking the largest foreign investment surge […]

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