Serrari Group

EABL Raises KES 16.76 Billion as Bond Oversubscription Signals Resurgence in Kenya’s Corporate Debt Market

East African Breweries Plc (EABL), Kenya’s leading regional beverage manufacturer, has successfully completed the listing of its KES 16.76 billion bond on the Nairobi Securities Exchange, marking a significant milestone in the company’s capital markets strategy and signaling renewed confidence in Kenya’s corporate debt market. The bell-ringing ceremony held on Tuesday, November 25, 2025, celebrated […]

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Meta reportedly negotiating multi-billion dollar deal for Google chips,The Information reports

The artificial intelligence infrastructure landscape is experiencing a seismic shift as Meta Platforms enters discussions with Google to spend billions of dollars on the Alphabet-owned company’s custom-designed tensor processing units for deployment in its data centers beginning in 2027. This strategic move represents Google’s most aggressive challenge yet to Nvidia’s near-monopolistic grip on AI hardware, […]

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DR Congo Commits $500,000 to UN Partnership for Economic Transformation and Capacity Building

The Democratic Republic of the Congo has signaled a significant commitment to economic transformation by dedicating $500,000 to a comprehensive partnership with the United Nations Conference on Trade and Development, marking a strategic shift toward evidence-based development planning in one of Africa’s most resource-rich yet economically challenged nations. The investment, announced by UNCTAD on November […]

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Kenya Secures Ksh407 Million Grant from MCDF to Fast-Track Critical Mau Summit–Malaba Road Upgrade Through PPP Framework

Kenya has received a significant financial boost in its efforts to modernize one of East Africa’s most critical transport arteries after the Multilateral Cooperation Center for Development Finance (MCDF) approved a USD 3.15 million (Ksh407 million) grant to prepare a comprehensive road enhancement project between Mau Summit and Malaba. The decision, reached during the MCDF […]

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Global Venture Capital Investment Surges to $120.7 Billion in Q3 2025, Marking Four Consecutive Quarters of Growth

The global venture capital landscape demonstrated remarkable resilience in the third quarter of 2025, with total investment climbing from $112.4 billion in Q2 to $120.7 billion in Q3, according to the latest Venture Pulse report from KPMG Private Enterprise. This marks the fourth consecutive quarter of robust investment activity, a milestone not seen since the […]

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BII and FirstRand Launch Groundbreaking $150 Million Transition Finance Facility to Accelerate African Decarbonisation

British International Investment (BII), the United Kingdom’s development finance institution, and FirstRand Group, one of Africa’s largest financial services institutions, have announced a pioneering $150 million financing facility designed to accelerate transition finance projects across the African continent. The partnership marks a significant milestone in addressing climate change challenges while safeguarding economic growth and employment […]

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NCBA Group Launches Offshore Investment Platform to Connect Kenyan Investors with Global Markets

NCBA Group has launched a comprehensive Offshore Investment Solutions platform, marking a significant milestone in democratizing access to global financial markets for Kenyan investors. The initiative, unveiled at the 5th Abojani Economic Empowerment Conference in Nairobi on November 23, 2025, represents one of the most structured approaches by a Kenyan financial institution to bring international […]

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Amazon’s $15 Billion Indiana Investment Signals Major AI Infrastructure Expansion in the Midwest

Amazon has unveiled plans for a transformative $15 billion investment in Northern Indiana, marking one of the largest technology infrastructure projects in the state’s history and underscoring the escalating demand for advanced computing power to support artificial intelligence innovation. The announcement, made on November 24, 2025, represents a significant expansion of the company’s cloud computing […]

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African Development Bank Commits $15 Million to Adenia Fund Targeting SME Growth Across Africa

The African Development Bank Group has approved a strategic $15 million equity investment in Adenia Entrepreneurial Fund 1 (AEF 1), marking a significant commitment to supporting small and medium-sized enterprises across the African continent. The Board of Directors authorized the investment during a meeting held in Abidjan on November 19, 2025, reinforcing the Bank’s dedication […]

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Court of Appeal Upholds KSh 11 Billion Cytonn Investment Scheme Collapse Ruling

The Court of Appeal has delivered a decisive blow to Cytonn Investments by dismissing all appeals connected to the collapsed Cytonn High Yields Solutions (CHYS) and Cytonn Project Notes (CPN) investment schemes, definitively confirming that more than KSh 11 billion collected from over 3,000 investors was channeled into unregulated investment vehicles that are now under […]

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