Serrari Group

Kenyan Logistics Startup Leta Secures $5M to Enhance Logistics Efficiency Across Africa

In a significant boost for Africa’s evolving logistics landscape, Kenyan-based supply chain and logistics SaaS provider Leta has secured $5 million in seed funding to scale its AI-driven platform. The funding round, led by European venture capital firm Speedinvest and bolstered by investments from Google’s Africa Investment Fund and Equator—a climate tech fund focused on […]

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South Africa: Strong Investor Demand Fuels Zeda’s R850 Million Bond Raise Led by Standard Bank

In a landmark move that underscores the strength of South Africa’s capital markets, Zeda Limited, Southern Africa’s leading integrated mobility solutions provider, successfully raised R850 million through its inaugural bond auction. The offering, spearheaded by Standard Bank, witnessed overwhelming investor interest with bids totaling R2.36 billion. This robust subscription not only validates Zeda’s strong performance […]

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Kenya Strengthens Ties with Dutch Investors to Boost Key Sectors

In a landmark move aimed at driving innovation, economic growth, and sustainable development, Kenya has reaffirmed its commitment to deepening ties with Dutch investors across several key sectors, including sustainable mobility, agribusiness, renewable energy, and healthcare. At a high-level event held on March 19, 2025, at the Netherlands Business Hub, Kenya’s top officials, led by […]

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Google’s R2.5-Billion South African Cloud Investment: A Catalyst for Digital Transformation Across Africa

Google South Africa’s recent announcement of its Johannesburg cloud region marks a transformative milestone not only for the country but for the entire continent. The R2.5-billion investment in digital infrastructure is designed to empower businesses, accelerate technological innovation, and foster an ecosystem that can compete on a global scale. This bold move comes at a […]

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Kenya Eyes Fresh IMF Support After Failing to Meet Fiscal Targets

Kenya is once again turning to the International Monetary Fund (IMF) for assistance as its fiscal challenges deepen. The East African nation, grappling with a widening budget gap and a failure to meet crucial fiscal benchmarks, has decided to forego the final review of an existing four-year credit facility that would have unlocked an additional […]

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LoftyInc Capital Secures $43 Million for Africa’s Emerging Tech Startups

In a significant milestone for Africa’s dynamic technology landscape, LoftyInc Capital Management has announced the first close of its LoftyInc Alpha Fund with a whopping $43 million in commitments. This late-seed investment fund is dedicated to nurturing and scaling Africa’s emerging tech startups, with a keen focus on key markets such as Nigeria, Egypt, Kenya, […]

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M-KOPA and Turaco Hit 1 Million Milestone in Free Insurance Coverage: Transforming Financial Security for Kenyans

In a groundbreaking collaboration that exemplifies the power of digital financial inclusion, M-KOPA and Turaco Insurance Agency have reached an impressive milestone: providing free hospital cash insurance to over 1 million Kenyans in just one year. This innovative initiative, embedded in M-KOPA smartphones at no extra cost, forms a core part of M-KOPA’s “More Than […]

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