Serrari Group

Kenya and US Affirm Dedication to Progress Trade and Investment Talks as Fifth Round of Bilateral Negotiations Concludes

Kenya and the United States have recently concluded the fifth round of negotiations within the United States – Kenya Strategic Trade and Investment Partnership (STIP). This marks a significant stride in their bilateral economic relations, with both parties reiterating their determination to finalize a comprehensive agreement by the end of the year. During these discussions, […]

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Saudi Arabia ETF Plans Tokyo Stock Exchange Debut Amidst Postponed Royal Visit

Japan’s SBI Holdings is poised to collaborate with Saudi Arabia’s Public Investment Fund (PIF) and National Technology Group to introduce an exchange-traded fund (ETF) tracking Saudi stocks on the Tokyo Stock Exchange (TSE). The partnership aims to bolster SBI’s asset management arm while tapping into the potential of the Middle Eastern market. The proposal awaits […]

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Enap Sipetrol Pursues New Concessions and Oil Exploration in Egypt

Chile-based Enap Sipetrol is planning to expand its operations in Egypt by acquiring new concessions and increasing its oil and gas exploration efforts. This strategic move was discussed in a recent meeting between Egypt’s Minister of Petroleum and Mineral Resources, Tarek El-Molla, and key representatives from Enap Sipetrol, including General Manager Julio Friedmann and the […]

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Spiro Partners with Afreximbank for $50 Million Electric Vehicle Expansion in Africa

Spiro, an Indian electric vehicle company, has joined forces with Afreximbank, securing a $50 million debt financing agreement aimed at expanding its market presence in Africa. This collaboration marks a strategic move for Spiro as it seeks to consolidate its position in six African nations while venturing into new territories. The company’s focus on electric […]

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BIG Holding to Raise $147 Million in Kuwait’s First IPO in Two Years

 Beyout Investment Group (BIG) Holding, a key player in Kuwait’s human resources and real estate sectors, has set the price range for its upcoming initial public offering (IPO) between 480 and 500 Kuwaiti fils per share. This IPO aims to raise up to 45 million Kuwaiti dinars ($146.53 million) and will mark the first new […]

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TotalEnergies and Dangote Refinery Forge Crucial Supply Partnership

French energy leader TotalEnergies has announced a significant milestone in its operations, sealing a vital supply agreement with Nigeria’s renowned Dangote Refinery. The deal, disclosed by TotalEnergies CEO Patrick Pouyanne at the Africa CEO Forum in Kigali, Rwanda, marks a pivotal moment for both entities. At the heart of this agreement lies Dangote Refinery’s ambitious […]

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NMB Sustainability Bond Marks Milestone with London Listing

A significant moment in African climate investment occurred as NMB Bank’s sustainability bond, the NMB Jamii Bond, was cross-listed on the London Stock Exchange. This event signifies a crucial step forward in attracting global capital for climate finance and development in Africa. Originally issued as the largest sustainability bond in East Africa, the NMB Jamii […]

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