Serrari Group

Co-operative Bank Commits KShs 110 Million to British Curriculum School Development in Ruiru’s Brookview Estate

Co-operative Bank of Kenya has extended a substantial KShs 110 million debt financing package to Eboss Investments Company, earmarked for the construction of Seven Oaks School, a new British-curriculum educational institution set to serve the rapidly expanding Brookview Membley community in Ruiru. This strategic investment underscores the bank’s commitment to supporting integrated mixed-use developments that […]

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Eli Lilly Commits Over $1 Billion to India Manufacturing Expansion in Strategic Hyderabad Investment

American pharmaceutical powerhouse Eli Lilly and Company has announced a transformative investment of more than $1 billion in India over the coming years, marking one of the most significant foreign direct investments in the country’s pharmaceutical sector. The initiative represents a strategic pivot toward leveraging India’s robust manufacturing capabilities and skilled workforce to strengthen the […]

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Tharisa Announces $547 Million Underground Platinum Mining Investment to Secure South Africa’s Mining Future

South African mining company Tharisa has unveiled ambitious plans to invest $547 million (R9.46 billion) in a transformative underground platinum group metals (PGM) mining project over the next decade. This substantial capital commitment marks a strategic pivot from traditional open-pit operations to advanced underground mining techniques, positioning the company to secure long-term access to one […]

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Kenya Unveils $1 Billion Eurobond Buyback Strategy to Restructure Debt Maturity Profile

Kenya has launched an ambitious $1 billion buyback offer targeting its February 2028 Eurobond, coupled with the simultaneous sale of new notes to finance the repurchase operation, the government announced Thursday. The strategic move represents the East African nation’s latest effort to proactively manage its debt maturity schedule and avoid the kind of currency crisis […]

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Hitachi Stock Surges Nearly 10% Following Strategic OpenAI Partnership for Global AI Infrastructure

Japanese technology conglomerate Hitachi experienced a dramatic surge in its share price on Friday, climbing over 9% following the announcement of a groundbreaking partnership with artificial intelligence pioneer OpenAI. The collaboration, unveiled late Thursday evening, centers on building advanced AI infrastructure and data centers across multiple global markets. The partnership represents one of the most […]

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South Africa Secures Major Chinese and Indian Investment Commitments to Revitalize Domestic Automotive Manufacturing

In a significant boost to the nation’s struggling automotive sector, South Africa has secured firm commitments from major Chinese and Indian automobile manufacturers to upgrade their current semi-knocked-down (SKD) vehicle assembly operations to comprehensive full-scale manufacturing facilities, Trade Minister Parks Tau announced Thursday at the country’s annual automotive industry conference. The announcement comes at a […]

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Travel and Tourism Investment Soars Past $1 Trillion Mark as Global Sector Powers Toward Historic Recovery

The global travel and tourism industry has reached a significant milestone, with worldwide investment surpassing $1 trillion in 2024, marking a robust 9.9% year-on-year increase that signals the sector’s remarkable resilience and continued expansion in the post-pandemic era. This groundbreaking announcement came during the World Travel & Tourism Council’s 25th Global Summit in Rome, where […]

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Mawingu Secures $20 Million Investment to Bridge Africa’s Digital Divide with Expanded Internet Infrastructure

In a major boost for internet connectivity across underserved African communities, Mawingu Networks, a leading Internet Service Provider (ISP), has secured USD 20 million (approximately Kes 2.6 billion) in debt funding backed by Pembani Remgro Infrastructure Fund II (PRIF II). This substantial investment represents a pivotal moment in the company’s ambitious expansion strategy to bridge […]

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