Serrari Group

London Tech Firm Restrata Secures Investment to Expand Global Operations

Restrata, a London-based provider of operational resilience software and services, has announced a significant investment from Scottish Equity Partners (SEP). This strategic partnership aims to accelerate Restrata’s product development, integrate AI-powered enhancements, and expand its operations across North America, Europe, and the Middle East. Founded in 2006, Restrata has established itself as a leader in […]

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Africa’s Richest Man Aliko Dangote Doubles Down on Ethiopia Investments

Aliko Dangote, Africa’s wealthiest individual and Chairman of the Dangote Group, has announced significant investment expansion in Ethiopia. This move reflects both his growing confidence in the country’s economic potential and his broader ambition to consolidate his influence in Africa’s industrial sector. His latest investment push includes expanding his cement production capacity, establishing a new […]

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Boost for NSE as Two More Firms Join Global Stock Indices

The Nairobi Securities Exchange (NSE) has received a significant boost following the addition of two more Kenyan-listed companies to the Morgan Stanley Capital International (MSCI) Inc. frontier markets indices. This development is expected to enhance the visibility of Kenyan equities among foreign investors, fostering increased inflows and strengthening confidence in the country’s capital markets. The […]

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Volkswagen’s $1.4 Billion Tax Dispute with India Rekindles Foreign Investor Concerns

In a development that has sent ripples through the international business community, Volkswagen’s protracted tax dispute with India has resurfaced, highlighting the challenges foreign investors face in the country. The German automotive giant is contesting a staggering $1.4 billion tax demand from Indian authorities, a move that has reignited concerns about India’s complex tax environment […]

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African Union and OECD to Launch Africa Virtual Investment Platform (AVIP) to Boost Investment and Economic Growth

The African Union (AU) and the Organisation for Economic Co-operation and Development (OECD) are set to launch the Africa Virtual Investment Platform (AVIP), a landmark initiative designed to enhance investment flows into African economies. The initiative, which aligns with the AU’s Agenda 2063, aims to address challenges faced by investors, bridge financing gaps, and accelerate […]

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USAID Shutdown: A $100 Million Setback for Kenyan Startups—And Why Ghana Should Take Note

The abrupt shutdown of the United States Agency for International Development (USAID) under President Trump’s executive order has sent shockwaves through Kenya’s startup ecosystem, abruptly cutting off a crucial stream of non-dilutive funding that many early-stage businesses relied on for growth. Over the past decade, USAID’s Development Innovation Ventures (DIV) program has injected more than […]

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Saudi Arabia’s Strategic Push: Nearly 600 Global Companies Establish Regional Headquarters Amid Vision 2030 Reforms

In a significant milestone underscoring Saudi Arabia’s ambitious economic transformation, Minister of Investment Eng. Khalid Al-Falih announced that nearly 600 global companies have established their regional headquarters in the Kingdom. This revelation came during a panel discussion titled “Ministerial Perspective on the Role of the Government to Enable the Private Sector,” part of the third […]

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$50M IFC Investment in Lagos Free Trade Zone Signals Global Confidence in Nigeria’s Economic Future – Tinubu

In a significant boost to Nigeria’s economic transformation agenda, President Bola Tinubu has commended the International Finance Corporation (IFC) for its recent $50 million equity investment in the Lagos Free Trade Zone. The investment, which falls under the Tolaram initiative, is set to further strengthen Nigeria’s industrial base, enhance trade efficiency, and attract foreign direct […]

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Govt Invests More Housing Levy Billions in T-Bills as Construction Lags Behind

The Kenyan government’s Affordable Housing Board has revealed that Ksh46 billion from the housing levy contributions has been invested in short-term government securities, a move aimed at maximizing returns on the collected funds as construction projects face delays. This figure represents a more than double increase from the Ksh20 billion invested in Treasury Bills (T-Bills) […]

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Elon Musk Launches $97.4 Billion Bid to Acquire OpenAI Amid Legal Battles and Strategic Rivalries

In a move that has sent shockwaves through the technology and artificial intelligence sectors, Elon Musk, the billionaire entrepreneur behind Tesla, SpaceX, and X (formerly Twitter), has led a consortium offering $97.4 billion to acquire OpenAI. The artificial intelligence research organization, which Musk co-founded in 2015 alongside Sam Altman, Greg Brockman, and Ilya Sutskever, has […]

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