Serrari Group

WIOCC Secures $65 Million Development Financing to Bridge Africa’s Digital Divide Through Infrastructure Expansion

African digital infrastructure provider WIOCC Group has secured an additional $65 million in sustainability-linked debt financing from a consortium of development-focused institutions, marking the company’s third major capital raise in 2025 as it accelerates efforts to expand internet connectivity across a continent where only 38% of the population was online in 2024—far below the global […]

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Diageo Completes Strategic Exit from East African Market in Landmark $2.3 Billion Sale to Japanese Beverage Giant Asahi Group

British multinational beverage company Diageo Plc has agreed to sell its entire 65 percent stake in East African Breweries Limited and its controlling interest in spirits maker UDV Kenya to Japanese beverage firm Asahi Group Holdings in a transaction valued at $2.3 billion, net of tax and transaction costs. The landmark deal marks Diageo’s complete […]

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Blackstone Invests $400 Million in Israeli Data Security Unicorn Cyera at Record $9 Billion Valuation

Global investment giant Blackstone is spearheading a substantial $400 million investment round in Cyera, the Israeli data security startup, at a remarkable valuation of $9 billion. The investment, first reported by The Wall Street Journal, represents a dramatic 50 percent increase from the company’s $6 billion valuation achieved just six months earlier during its Series […]

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Airtel Africa Partners with Starlink to Deploy Direct-to-Cell Satellite Services Across 14 Markets in Major Connectivity Push

Airtel Africa has signed a transformative agreement with SpaceX to bring Starlink’s Direct-to-Cell satellite connectivity services to customers across all 14 of its African markets, marking a significant milestone in the continent’s digital transformation journey. The partnership will enable Airtel’s 174 million customers to access mobile connectivity directly through satellites in areas where traditional terrestrial […]

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Bamburi Cement Seals Historic KSh 32 Billion Clinker Deal, Positioning Kenya as Regional Cement Manufacturing Hub

Kenya’s leading cement and concrete products manufacturer, Bamburi Cement, has signed a $250 million (KSh 32 billion) Engineering, Procurement, and Construction deal with Sinoma CBMI Construction Co., Ltd for the construction of a turnkey clinkerisation factory in Matuga, Kwale County, marking one of the most significant industrial investments in Kenya’s construction materials sector in recent […]

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SpaceX Prepares for Historic Wall Street Debut as Tech Industry’s Largest-Ever IPO Looms

Space Exploration Technologies Corp., commonly known as SpaceX, has officially begun engaging with Wall Street’s premier investment banks in what could culminate in the largest initial public offering in history. The Elon Musk-founded aerospace manufacturer and satellite internet provider is conducting a comprehensive “bake-off” process, whereby financial institutions compete to secure advisory and underwriting roles […]

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SGTM Secures Record-Breaking MAD 5 Billion IPO Approval, Ushering in Morocco’s Capital Markets Renaissance

Société Générale des Travaux du Maroc has officially received approval from the Moroccan Capital Market Authority for its initial public offering, clearing the path for one of North Africa’s most significant construction companies to list on the main market of the Casablanca Stock Exchange starting in December 2025. The authorization, granted on November 17, 2025, […]

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Kenya Takes Bold Step Toward First-World Economy as Cabinet Approves KSh 5 Trillion Infrastructure and Sovereign Wealth Funds

Kenya’s ambitious journey toward achieving first-world economic status received a significant boost on Monday, December 15, 2025, when President William Ruto’s Cabinet approved the establishment of two transformative financial vehicles—the National Infrastructure Fund (NIF) and the Sovereign Wealth Fund (SWF). These flagship initiatives represent the cornerstone of a KSh 5 trillion development roadmap designed to […]

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WIOCC Group Secures $65 Million to Accelerate Africa’s Digital Infrastructure Transformation

Africa’s digital transformation continues to gather momentum as WIOCC Group, the continent’s leading open-access digital infrastructure provider, announced the successful acquisition of an additional $65 million in debt financing on December 15, 2025. This marks the company’s third major fundraising round in 2025, bringing total capital raised during the year to over $400 million as […]

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