Serrari Group

Toyota South Africa Plots Biggest NEV Offensive Yet as Chinese Rivals Close In

On the same day that President Cyril Ramaphosa delivered his State of the Nation Address, Toyota South Africa Motors (TSAM) held court with its own annual address to the nation’s motoring industry. The ninth State of the Motor Industry (SOMI) event, held on February 12, 2026 under the theme “Driving Through Disruption,” brought together industry […]

Share this article:

MTN Group Moves to Reclaim Tower Assets in Strategic $6.2 Billion IHS Acquisition

In a landmark transaction that signals a fundamental shift in African telecommunications infrastructure strategy, MTN Group has agreed to acquire full control of IHS Holding for approximately $6.2 billion, buying out the roughly 75% stake in the tower operator it does not already own. The all-cash deal marks one of the largest digital infrastructure transactions […]

Share this article:

Gulf Energy Commits $6 Billion to Turkana Oil Project, Targets December 2026 First Production as Kenya Eyes Oil Producer Status

Kenya’s long-deferred ambition to join Africa’s oil-producing nations has received a dramatic boost as Gulf Energy E&P BV confirmed a US$6 billion (KSh774 billion) investment commitment for the South Lokichar Oil Project in Turkana County, setting an ambitious target of December 1, 2026 for first crude oil production—nearly fifteen years after the original discovery by […]

Share this article:

Endl Raises $1.5M to Transform Cross-Border Payments with Stablecoin Infrastructure for Emerging Market Businesses

Fintech platform Endl has successfully closed a $1.5 million pre-seed funding round, attracting investment from prominent backers including Iterative Singapore, 500 Global, and the XRPL Accelerator by Tenity. The capital injection represents a critical milestone for the company as it seeks to revolutionize how businesses in emerging markets manage cross-border payments, combining traditional banking infrastructure […]

Share this article:

HAVAÍC’s $50M African Innovation Fund 3 Reaches Third Close With Over $30M Committed as E Squared Investments Joins Cornerstone Backers

Cape Town-headquartered venture capital firm HAVAÍC has announced the third close of its US$50 million African Innovation Fund 3, securing more than US$30 million in commitments following a strategic investment from E Squared Investments, the impact investing arm established by the late Allan Gray in 2007. This milestone represents a significant vote of confidence in […]

Share this article: