Serrari Group

Cereal Farmers to Benefit from Sh9.7bn Climate Funding: A Bold Step to Slash Post-Harvest Losses and Bolster Food Security in Africa

In a major breakthrough for smallholder farmers and the broader agricultural sector, the Green Climate Fund (GCF) has released a grant of $75 million—equivalent to Sh9.7 billion—to support initiatives aimed at reducing post-harvest losses and improving livelihoods in Kenya and six other African countries. The funding, announced on February 21, 2025, comes as part of […]

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Kani Payments Secures Series A Investment to Transform Global Payment Reconciliation

Kani Payments, the innovative payment reconciliation and reporting platform, has announced the successful closure of a multi-million-pound Series A investment round. Led by Maven Capital Partners – one of the UK’s premier private equity firms – this round has attracted significant participation from Maven VCTs and NPIF II – Maven Equity Finance, managed as part […]

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Solar Africa Secures R1.8bn Investment to Boost Green Energy in South Africa

SolarAfrica has taken a significant step forward in its mission to revolutionize South Africa’s renewable energy landscape. The company recently secured a R1.8 billion investment for its flagship SunCentral project—a large-scale solar photovoltaic (PV) plant strategically located between Hanover and De Aar in the Northern Cape province. This major financial milestone not only paves the […]

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British International Investment in $100m Deal with KCB Bank for Climate and Women Funding

British International Investment (BII), the UK’s development finance institution and impact investor, has announced a $100 million Tier 2 capital facility deal with KCB Bank Kenya. This strategic financing initiative is designed to strengthen KCB Bank’s balance sheet, expand its lending capacity, and support vital sectors such as climate-related projects and women-led small and medium-sized […]

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Bridge Investment Group Stock Soars 35% as Apollo Global Buys Firm for $1.5B

Bridge Investment Group Holdings (BRDG) saw its shares surge by 35% following the announcement of its acquisition by Apollo Global Management for $1.5 billion. The news, which has captivated investors and industry watchers alike, details a strategic partnership that is poised to reshape the competitive dynamics of the sector. A Strategic Acquisition with Far-Reaching Implications […]

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African Development Bank and Standard Bank Unite to Support SMMEs and Boost Trade

The African Development Bank (AfDB) and Standard Bank Group (SBG) have joined forces to bolster funding for small, medium, and micro enterprises (SMMEs) and expand trade across the continent. Announced on February 24, 2025, this strategic partnership is centered on a R3.6 billion social bond and a $200 million Risk Participation Agreement (RPA) designed specifically […]

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Kenya to Revise Visa Requirements to Attract More Cruise Tourists

In a bold move to further position itself as a leading tourism destination in East Africa, Kenya is set to revamp its visa policies and enhance port infrastructure to boost its burgeoning cruise tourism sector. This strategic initiative is part of a broader governmental effort to streamline entry procedures and stimulate economic growth by attracting […]

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Gautam Adani Pledges ₹1.1 Trillion Investment Across Sectors in Madhya Pradesh

Bhopal, India – At the Madhya Pradesh Global Investors’ Summit (GIS) 2025, industrialist Gautam Adani announced a massive ₹1.1 trillion investment plan across key sectors, including pumped storage, cement, mining, smart metering, and thermal energy. This ambitious move is expected to generate over 1,20,000 jobs in the state by 2030, marking a significant step toward […]

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Airtel Uganda Pays $267 Million in Dividends on Profit Growth

In a remarkable display of financial strength and market confidence, Airtel Uganda has announced a dividend payout that has captured the attention of investors and industry analysts alike. The Ugandan Securities Exchange-listed telecommunications giant declared a final dividend as part of its impressive financial performance for the year ended December 31, 2024. With a reported […]

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Kenya Closes KSh 50bn Debut Domestic Bond Buyback: A Bold Move to Ease Refinancing Pressures Ahead of 2025 Maturities

In a landmark operation that has captured the attention of investors and market watchers alike, the Central Bank of Kenya (CBK) has successfully completed its first-ever domestic bond buyback, repurchasing bonds worth KSh 50.09 billion—marginally exceeding its target of KSh 50 billion. This strategic move, announced in February 2025, marks a significant milestone in Kenya’s […]

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