Serrari Group

OneClickDrive Ventures into Morocco, Marking First African Expansion

OneClickDrive, a leading car rental marketplace based in Dubai, has announced its expansion into Morocco, marking its first entry into the African market. This strategic move aims to tap into the growing demand for car rentals in the region, particularly among tourists drawn to Morocco’s rich cultural heritage and scenic landscapes. Since its inception, OneClickDrive […]

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Mizuho Financial Group and London Stock Exchange Group Forge Alliance to Promote Carbon Credit Market

Mizuho Financial Group, a Tokyo-based banking and financial services company, has joined forces with the London Stock Exchange Group (LSEG) in a strategic partnership aimed at bolstering the carbon credit market. This collaboration comes in the wake of LSEG’s introduction of the Voluntary Carbon Market (VCM) designation in 2022, which identifies funds and companies investing […]

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Naivasha SEZ Welcomes Investors for Inaugural Site Visit

The Special Economic Zones Authority (SEZ Authority) recently hosted its first-ever site visit for potential investors, highlighting the promising investment opportunities within the Naivasha Special Economic Zone (SEZ). The visit provided a comprehensive overview of the zone’s strategic location and attractive incentives for businesses. Among the key highlights of the tour was a visit to […]

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Kenya’s ABC Bank Joins EIB Greening Financial Systems Programme

ABC Bank has recently announced its collaboration with the European Investment Bank (EIB) through the Greening Financial Systems Technical Assistance Programme (GFS TAP). This initiative aims to fortify the bank’s climate risk management framework, aligning it with global standards, including those set by the Central Bank of Kenya. Under the guidance of experts from EIB […]

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Goldman Sachs Predicts 50% Increase in LNG Investments by 2029

Investments in liquefied natural gas (LNG) are forecast to rise by over 50% by 2029, according to a recent Goldman Sachs Research report. This surge is anticipated to significantly boost global LNG supply, potentially increasing it by 80% by 2030 and helping to address the European energy crisis. The report highlights new projects in Qatar […]

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Absa Bolsters China-Africa Business Relations with New Beijing Office

Absa Group, a leading financial services provider in Africa, has inaugurated its subsidiary office in Beijing, China, as part of its global expansion strategy. The move aims to forge stronger ties between Chinese corporations and African markets. CEO of Absa China, Klaus-Dieter Kaempfer, outlined the bank’s objective to nurture relationships with key stakeholders, including state-owned […]

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Kenya Secures $3.6 Billion Investment for Africa’s Largest Toll Road

In a landmark development, Kenya has secured a significant investment totaling $3.6 billion for the ambitious Usahihi Expressway project. The announcement follows President William Ruto’s recent visit to the White House, where plans for the transformative infrastructure initiative were unveiled. The Usahihi Expressway, spanning an impressive 440 kilometers, will connect Nairobi and Mombasa, Kenya’s largest […]

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Argentina’s President Milei Seeks to Boost Tech Investment with Silicon Valley Meetings

President Javier Milei of Argentina has embarked on a significant tour of Silicon Valley this week, engaging with leaders of some of the world’s most influential tech companies. This marks his seventh international trip since assuming office late last year, reflecting his administration’s focus on attracting foreign investment to strengthen Argentina’s tech sector. On Monday, […]

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EIB Global Invests €25 Million in Amethis Fund III for African Business Growth

The European Investment Bank’s (EIB) global arm has injected €25 million into Amethis Fund III, aimed at fostering sustainable growth in African businesses. Targeting medium-sized enterprises, the fund focuses on sectors vital to low- and middle-income populations, including healthcare, logistics, manufacturing, and agribusiness. Aligned with the EU’s Global Gateway strategy, the investment seeks to address […]

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Kenya Invests Ksh.13.2 Billion in African Development: President Ruto’s Commitment to Regional Progress

President William Ruto has announced Kenya’s pledge to inject $100 million (equivalent to KSh 13.2 billion) into key African financial institutions over the next three years. This commitment aims to bolster Kenya’s stake in the African Development Bank (AfDB), Afrexim Bank, and the Trade and Development Bank (TDB), signaling the nation’s dedication to regional development. […]

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