Serrari Group

USAID Announces $35 Million Investment in Climate Resilience Across Africa

In a groundbreaking announcement today, the United States Agency for International Development (USAID) has unveiled plans to invest $35 million in new initiatives aimed at bolstering climate resilience and sustainable economic growth across Africa. Pending the availability of funds, these projects mark a significant commitment by the U.S. government to address climate change challenges on […]

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Hong Kong REITs Plunge 26% as Investors Flee China-Linked Assets

In a stark contrast to the robust performance of real estate investment trusts (REITs) in other major markets, Hong Kong’s REIT benchmark index has plummeted by more than a quarter this year. This alarming decline is attributed to a multitude of factors, chiefly the exodus of investors from China-linked assets. S&P’s REIT index for Hong […]

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NSE Launches NSE Bond Index

Nairobi, Kenya – In a significant development set to reshape the landscape of Kenya’s financial markets, the Nairobi Securities Exchange (NSE) is gearing up to launch the NSE Bond Index (NSE-BI) on October 1, 2023. This innovative index is poised to become a weekly benchmark for the bonds market, providing investors with invaluable insights and […]

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USAID Invests Heavily in Kenya’s Carbon Market and Clean Air Initiatives

In a groundbreaking move to bolster Kenya’s efforts in combating climate change and improving air quality, the United States Agency for International Development (USAID) has announced a substantial investment of $1.4 million. The funds will support the Government of Kenya in formulating a comprehensive carbon market activation plan and reinforcing the regulatory and legal framework […]

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Belgium Raises Record €21.9 Billion in Landmark Bond Sale Amidst Banking Discontent

Brussels, September 6, 2023 – In a groundbreaking financial development, Belgium has successfully raised a historic €21.9 billion ($23.65 billion) from savers in a bond sale, aiming to challenge traditional bank deposits. This move reflects the growing popularity of government debt as discontent surges among consumers facing dwindling interest rates from traditional lenders. The bond […]

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UK Fulfills COP26 Commitments with £49 Million for Africa’s Climate Fight

The United Kingdom has declared a landmark investment of £49 million in climate change projects across Africa, according to an official statement released by Ndidiamaka Eze, Senior Press and Public Affairs Officer of the Foreign Commonwealth and Development Office. The announcement of this substantial funding commitment is set to take place at the inaugural Africa […]

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London Stock Exchange Group Launches Blockchain-Powered Digital Markets Venture

In a groundbreaking move, the London Stock Exchange Group (LSEG) has unveiled ambitious plans for a revolutionary digital markets business. This strategic initiative aims to position LSEG as the world’s first major exchange to offer extensive trading of traditional financial assets on blockchain technology, renowned for its association with cryptocurrencies. Murray Roos, the Head of […]

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Safaricom Secures East Africa’s Largest Sustainability Linked Loan of KES 15 Billion

Safaricom Plc, East Africa’s leading telecommunications giant, has successfully secured its inaugural Sustainability Linked Loan (SLL) in a historic deal valued at KES 15 billion. The company’s groundbreaking commitment to Environmental, Social, and Governance (ESG) initiatives has garnered significant attention and represents a pivotal moment in the region’s financial landscape. This historic agreement, facilitated by […]

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Standard Chartered Bank Kenya Expands Investment Options for Kenyan Retail Investors

Standard Chartered Bank Kenya has announced a significant development, offering Kenyan retail investors access to offshore unit trust fund investments. These investments, known as the Signature CIO Funds, are established in collaboration with Amundi Asset Management, a leading European asset manager with over 100 million clients and $2 trillion in asset under management. The initiative […]

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