Serrari Group

TLcom Capital’s TAPSI fund hits milestone, deploying half its $5M into African startups

TLcom Capital, a prominent venture capital firm with a dedicated focus on the African continent, has reached a significant milestone in its early-stage investment strategy. Its $5 million pre-seed fund, known as TAPSI (TIDE Africa Pre-Seed Investments), has now officially deployed half of its available capital. This achievement comes with the fund’s latest investment in […]

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KCB Declares Special Dividend as H1 Profit Rises 8% to KSh 32Bn

KCB Group, one of East Africa’s largest and most influential financial services institutions, has posted robust financial results for the first half of 2025. The group announced a profit after tax of KSh 32.33 billion, an impressive 8.05% increase from the KSh 29.92 billion reported in the same period last year. This strong performance, underpinned […]

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Mitsubishi to Invest $600M in Arizona’s Copper Mine

In a significant move that highlights the shifting dynamics of global resource security and U.S. trade policy, Japan’s Mitsubishi Corporation has announced a major investment in an American copper project. The company will acquire a 30% stake in the Copper World project in Arizona from Canada’s Hudbay Minerals for a total of $600 million. This […]

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Mainland Group Announces US$100 Million Investment In Liberia’s Agriculture Sector

In a landmark development for the West African nation’s economy, the Mainland Group, a prominent Chinese conglomerate with a vast portfolio of investments across the continent, has announced a significant US$100 million initiative to revitalize Liberia’s agriculture industry. The announcement, made by Mr. Zhu Chen, the company’s President and Chief Executive Officer, during a live […]

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Government to Create Youth Enterprise Investment Bank With Ksh9.75 Billion Capital

In a move set to invigorate the country’s youth entrepreneurship landscape, President William Ruto has announced the government’s plan to establish a Youth Enterprise Investment Bank. This new financial institution, to be capitalized at an impressive Ksh9.75 billion, is poised to become a cornerstone of the administration’s strategy to address the pervasive issues of youth […]

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AbbVie invests $195M to expand API manufacturing capabilities

In a significant move signaling a long-term commitment to U.S. pharmaceutical independence and innovation, global biopharmaceutical company AbbVie (NYSE: ABBV) has announced a substantial $195 million investment. This capital will be used to expand its active pharmaceutical ingredient (API) manufacturing capabilities at its North Chicago, Illinois, plant. The announcement, made on August 12, 2025, is […]

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Ethiopian Airlines’ Vision Takes Flight: A $10 Billion Mega-Airport to Redefine African Aviation

In a landmark development poised to reshape the landscape of African aviation, Ethiopian Airlines has officially initiated the financing for its monumental mega-airport project. With a total estimated cost of over $10 billion, this ambitious infrastructure venture, located in Bishoftu, is set to become Africa’s largest aviation hub. The project has gained significant momentum with […]

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Kenya Taps Development Banks for Airport Expansion After Ditching Adani Deal

The East African nation of Kenya has embarked on a new, multi-pronged strategy to finance its critical infrastructure projects, a move that comes after a high-profile cancellation of a deal with India’s Adani Group. In a significant shift from the previous plan, which involved a private concession, Kenya is now turning to international development lenders […]

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Bitcoin Treasury Company Rumble Eyes $1.17 Billion Acquisition of Tether-Owned AI Firm

In a move that could redefine its position in the tech landscape, Rumble, the video platform known for its “free speech” stance and growing presence as a Bitcoin treasury company, has announced a non-binding offer to acquire the German high-performance computing firm, Northern Data. The proposed all-stock transaction, valued at approximately $1.17 billion, is a […]

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The Strategic Privatisation of Kenya Pipeline: An Analysis of a Landmark IPO

The announcement by the Kenyan National Treasury to raise approximately KShs 100 billion through the privatisation of the Kenya Pipeline Company (KPC) marks a pivotal moment in the nation’s economic strategy. This plan, to be executed through an initial public offering (IPO) on the Nairobi Securities Exchange (NSE), is presented as a strategic move to […]

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