Serrari Group

Kenya Pioneers Africa’s First All-Electric Food Chain

Kenya has officially unveiled Africa’s inaugural fully electric cold-chain delivery network, a monumental achievement forged through an innovative partnership between electric mobility trailblazer Roam and cold-chain innovator Keep It Cool (KIC). This groundbreaking collaboration marries solar-powered refrigeration with clean electric delivery motorcycles, creating a comprehensively sustainable food delivery system. This initiative directly addresses critical challenges […]

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Kenya’s NSE to list first global equity ETF as Satrix MSCI World Feeder launches July 16, offering investors global access in local currency

In a monumental leap for Kenya’s financial landscape, the Nairobi Securities Exchange (NSE) is set to welcome its first-ever global equity-based Exchange Traded Fund (ETF). Satrix, South Africa’s preeminent provider of index-tracking funds, is poised to list its Satrix MSCI World Feeder ETF on the NSE on Wednesday, July 16, 2025. This landmark event not […]

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BuuPass Secures Strategic Funding from Yango Ventures to Revolutionize African Intercity Travel

In a significant development poised to reshape the landscape of long-distance travel across the African continent, Kenyan mobility trailblazer BuuPass has successfully secured a strategic investment from Yango Ventures, the corporate venture arm of the rapidly expanding UAE-based tech group Yango. While the precise financial terms of this landmark deal remain undisclosed, the investment marks […]

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Kenyan startups raised Sh17B in H1 2025, up 12% from 2024, showcasing strong growth in Africa’s competitive tech investment landscape

In a vibrant display of its growing economic prowess and innovation, Kenyan startups have collectively raised a remarkable Sh17 billion (approximately $130 million USD) in the first half (H1) of this year. This impressive figure, highlighted in a new report by “Africa: The Big Deal,” an American newsletter dedicated to tracking startup investments across the […]

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Saba Saba Protests: Government Warns of Economic Fallout as Kenya Braces for Dissent

As Kenyans prepare for fresh Saba Saba Day protests on Monday, the government has sounded a strong alarm regarding potential economic repercussions. Senior officials caution that repeated demonstrations, particularly those marred by violence and property destruction, could severely erode investor confidence and push the East African economic powerhouse towards a precarious path of decline. This […]

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Kenya Spearheads Sector-Based Investment at Inaugural NextFrontierAfrica Summit

The vibrant city of Nairobi is currently hosting a pivotal event poised to redefine Africa’s investment landscape: the inaugural NextFrontierAfrica Summit. This landmark gathering, which commenced today, marks a strategic push by Kenya to champion targeted, sector-based investment across the continent. Bringing together a diverse array of stakeholders, including global investors, influential policymakers, innovative entrepreneurs, […]

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UK pledges KSh 17.7B to boost Kenya’s startups and SMEs under Strategic Partnership 2025–2030

In a landmark development set to significantly accelerate Kenya’s economic trajectory, the United Kingdom has pledged a substantial KSh 17.7 billion (approximately £100 million) fund specifically targeting Kenya’s vibrant innovation landscape. This commitment is a cornerstone of the renewed Strategic Partnership 2025–2030, solidified during a recent high-profile meeting between Kenyan President William Ruto and UK […]

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Kenya and UK sign renewed 5-year pact to boost trade, development, and cooperation, unlocking Ksh.427B in transformative investments

In a landmark moment for bilateral relations, Kenyan President William Ruto and United Kingdom Prime Minister Sir Keir Starmer on July 1, 2025, signed a renewed 5-year Kenya-UK Strategic Partnership pact that is poised to unlock over Ksh.427 billion (approximately £2.5 billion) in transformative investments. This monumental agreement, formalized during high-level bilateral talks in London, […]

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Central Bank of Kenya Revokes Pakistan’s Al-Habib Bank Representative Office License Amid Global Restructuring Wave

The financial landscape in Kenya has seen a notable development with the Central Bank of Kenya (CBK) announcing the cancellation of the authority granted to Bank Al-Habib Ltd (BAHL) of Pakistan to operate its Representative Office in Kenya. This decision, effective May 15, 2025, follows a strategic rationalization by BAHL to consolidate its international operations, […]

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Centum Investment issues profit warning, forecasts 25% drop in net earnings for FY ending March 2025

East Africa’s leading investment powerhouse, Centum Investment Company PLC, has sent ripples across the regional financial markets with a recent profit warning. The Nairobi-headquartered firm, a diversified investment vehicle with significant stakes across various critical sectors, has projected a substantial 25% decline in net earnings for the financial year that concluded on March 31, 2025. […]

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