Serrari Group

Kenya partners with China in Ksh65B deal to build local vaccine and pharma manufacturing hubs by 2028

In a monumental stride towards self-reliance and regional leadership in healthcare, Kenya has officially embarked on a transformative Ksh65 billion partnership with China. This landmark agreement, announced on Monday, June 9, 2025, following high-level discussions between Kenya’s Cabinet Secretary for Health, Aden Duale, and China’s Ambassador to Kenya, Guo Haiyan, is set to establish state-of-the-art […]

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Pactum Secures $54 Million in Series C Funding to Scale Agentic AI in Procurement

A Major Leap Forward in Procurement Automation Pactum, a trailblazer in the field of Agentic AI for enterprise procurement, has announced the successful closing of its Series C funding round, securing $54 million in new capital. This latest round, led by global software investor Insight Partners, brings Pactum’s total funding to over $100 million, positioning […]

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Greencoat Renewables Lists on the JSE’s AltX, Expanding its Investor Base

In a significant move that underscores the growing global appetite for sustainable investments, Greencoat Renewables Plc (GRP), a prominent owner and operator of European renewable energy infrastructure assets, officially debuted its secondary listing on the JSE’s AltX on Monday. This strategic decision marks a new chapter for the Irish-based company, which maintains its primary listings […]

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Kenyan Startups Secure KSh82.5 Billion in 2024 Funding, Leading Africa

Kenyan startups clinched Ksh 82.5 billion in funding during 2024, equivalent to 29% of all venture capital invested across Africa, according to the Kenya Innovation Outlook 2024 and data from Africa: The Big Deal (citizen.digital). This positions Kenya ahead of traditional leaders—Nigeria, Egypt, and South Africa—as the continent’s top destination for startup investment. While impressive, this […]

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Global Energy Investment Poised to Hit $3.3 Trillion in 2025, IEA 

Global energy investment is set to reach a record $3.3 trillion in 2025, according to the latest World Energy Investment 2025 report by the International Energy Agency (IEA). Despite uncertainties from economic pressures and geopolitical tensions, the lion’s share of capital is flowing into clean energy—$2.2 trillion, roughly double fossil-fuel spending of $1.1 trillion (reuters.com). Key takeaway: The […]

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Dangote Petrochemicals Wins Regulatory Approval for NGX Listing

Dangote Petrochemicals—a spinoff from the massive Dangote Refinery and Petrochemicals complex—is on the verge of a groundbreaking listing on the Nigerian Exchange (NGX) before the end of June 2025. NGX Chairman, Dr Umaru Kwairanga, confirms the group has obtained regulatory approval (thenationonlineng.net). Once floated, the listing is anticipated to strengthen market confidence, attract substantial investment, and align […]

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Qatar Investment Authority Acquires 49% Stake in Msheireb Properties to Advance Urban Development

Qatar’s sovereign wealth fund, the Qatar Investment Authority (QIA), has recently acquired a 49% stake in Msheireb Properties, marking a significant step towards bolstering smart and sustainable urban development in the Gulf state. This strategic partnership aligns with Qatar’s ambitious goals of economic diversification, environmental sustainability, and urban innovation set out in the Qatar National […]

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Wingu Africa Secures US$60 Million for Data Center Expansion Across East Africa

Wingu Africa, a leading digital infrastructure company, has secured $60 million in financing from Rand Merchant Bank (RMB) to accelerate its expansion of data center facilities across key East African markets including Djibouti, Ethiopia, and Tanzania. This investment marks a pivotal moment in Africa’s quest for digital sovereignty, underpinning the continent’s drive to build resilient, […]

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Moniepoint Wins Approval to Acquire 78% Stake in Kenyan Microfinance Bank

The Competition Authority of Kenya (CAK) has recently approved a major acquisition deal, clearing the way for U.S.-based Nigerian fintech Moniepoint Inc. to acquire a controlling 78% stake in Sumac Microfinance Bank Limited. This development marks a significant milestone for Moniepoint as it plans to establish a strong foothold in Kenya’s burgeoning financial services sector. […]

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