Serrari Group

AI Powerhouse Fractal Analytics Secures $170M, Eyes $3 Billion IPO Valuation Amidst Generative AI Boom

In a significant development poised to reshape the landscape of artificial intelligence and data analytics, Mumbai and New York-headquartered AI analytics firm Fractal Analytics has successfully concluded a substantial secondary funding round, raising $170 million (approximately Rs 1,461 crore). This latest capital infusion values the company at an impressive $2.44 billion (Rs 20,978 crore), marking […]

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BII and Partners Launch Landmark $70 Million SME Fund in Zambia 

In a significant boost for Zambia’s burgeoning private sector, a powerful consortium comprising British International Investment (BII), Zambia’s National Pension Scheme Authority (NAPSA), and Swedfund today officially announced the launch of Growth Investment Partners Zambia (GIP Zambia). This innovative investment company is poised to become a cornerstone of long-term economic development, specifically designed to inject […]

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Kenya’s CMA Approves New Collective Investment Schemes: Paving Way for Diversified Growth and Investor Confidence

In a significant stride towards fortifying its position as a regional financial powerhouse, Kenya’s Capital Markets Authority (CMA) has announced a wave of approvals for the establishment of new collective investment schemes (CIS) and sub-funds. This strategic move, detailed in a statement released by the CMA today, is poised to inject fresh dynamism into Kenya’s […]

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India’s NSE ranks 4th globally in IPO fundraising

In a significant testament to India’s burgeoning economic prowess and robust capital markets, the National Stock Exchange of India (NSE) has cemented its position as a global leader in initial public offering (IPO) fundraising. According to the latest report from S&P Global Market Intelligence, the NSE secured the fourth spot worldwide in the first half […]

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Mozambique Paves Way for TotalEnergies to Restart $20 Billion LNG Project

After years of uncertainty and a forced halt due to a brutal insurgency, the highly anticipated $20 billion liquefied natural gas (LNG) project in Mozambique, led by French energy giant TotalEnergies, is on the cusp of a restart. Mozambique’s Minister of Mineral Resources and Energy, Estevao Pale, confirmed on Monday that the government has successfully […]

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Kapchorua Tea Kenya Plc hits all-time high of KSh 332 on NSE

In a perplexing turn of events that has captivated investors on the Nairobi Securities Exchange (NSE), Kapchorua Tea Kenya Plc shares surged to an unprecedented all-time intraday high of KSh 332 on July 11, 2025, before settling at KSh 321.50, marking a robust 6.46% gain for the day. This remarkable rally is not an isolated […]

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UK Accelerates Automotive Future with £2.5 Billion DRIVE35 Programme

The United Kingdom has today unveiled a landmark commitment to its automotive sector, launching the ambitious DRIVE35 programme. This initiative, backed by a substantial £2.5 billion investment over the next decade, is set to solidify the UK’s position at the forefront of zero-emission vehicle (ZEV) development, foster innovation, and secure thousands of high-value jobs across […]

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Linzi FinCo lists KSh 44.79B IABS on NSE 

In a significant move set to redefine infrastructure financing in East Africa, Linzi FinCo 003 Trust, a dynamic subsidiary of the prominent Pan-African Liaison Group, has successfully listed a monumental KSh 44.79 billion Infrastructure Asset-Backed Security (IABS) on the Nairobi Securities Exchange (NSE). This landmark transaction is poised to inject crucial capital into the development […]

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Kenya Pioneers Africa’s First All-Electric Food Chain

Kenya has officially unveiled Africa’s inaugural fully electric cold-chain delivery network, a monumental achievement forged through an innovative partnership between electric mobility trailblazer Roam and cold-chain innovator Keep It Cool (KIC). This groundbreaking collaboration marries solar-powered refrigeration with clean electric delivery motorcycles, creating a comprehensively sustainable food delivery system. This initiative directly addresses critical challenges […]

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MP Materials Seals Mega Rare-Earths Deal with US to Break China’s Grip

In a landmark move poised to reshape the global critical minerals landscape, MP Materials (MP.N), the operator of the only rare earths mine in the United States, has announced a multi-billion-dollar agreement with the U.S. government. This strategic partnership, unveiled on Thursday, aims to dramatically boost domestic output of rare earth magnets, a crucial step […]

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