Serrari Group

Google’s R2.5-Billion South African Cloud Investment: A Catalyst for Digital Transformation Across Africa

Google South Africa’s recent announcement of its Johannesburg cloud region marks a transformative milestone not only for the country but for the entire continent. The R2.5-billion investment in digital infrastructure is designed to empower businesses, accelerate technological innovation, and foster an ecosystem that can compete on a global scale. This bold move comes at a […]

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Kenya Eyes Fresh IMF Support After Failing to Meet Fiscal Targets

Kenya is once again turning to the International Monetary Fund (IMF) for assistance as its fiscal challenges deepen. The East African nation, grappling with a widening budget gap and a failure to meet crucial fiscal benchmarks, has decided to forego the final review of an existing four-year credit facility that would have unlocked an additional […]

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LoftyInc Capital Secures $43 Million for Africa’s Emerging Tech Startups

In a significant milestone for Africa’s dynamic technology landscape, LoftyInc Capital Management has announced the first close of its LoftyInc Alpha Fund with a whopping $43 million in commitments. This late-seed investment fund is dedicated to nurturing and scaling Africa’s emerging tech startups, with a keen focus on key markets such as Nigeria, Egypt, Kenya, […]

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M-KOPA and Turaco Hit 1 Million Milestone in Free Insurance Coverage: Transforming Financial Security for Kenyans

In a groundbreaking collaboration that exemplifies the power of digital financial inclusion, M-KOPA and Turaco Insurance Agency have reached an impressive milestone: providing free hospital cash insurance to over 1 million Kenyans in just one year. This innovative initiative, embedded in M-KOPA smartphones at no extra cost, forms a core part of M-KOPA’s “More Than […]

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Morgan Stanley Investment Management’s Fourth Global Infrastructure Fund Raises $4.1 Billion: A New Chapter in Global Infrastructure Investment

In a landmark deal that underscores the growing investor appetite for long-term, sustainable assets, Morgan Stanley Investment Management’s (MSIM) private infrastructure arm, Morgan Stanley Infrastructure Partners (MSIP), has successfully closed its fourth global infrastructure fund, North Haven Infrastructure Partners IV (NHIP IV), raising an impressive $4.1 billion. This fundraising effort, which brings together some of […]

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Kenyan Startups Can Now Expand to the UK with the Startup 360 Connect Program

In a landmark move poised to reshape the global startup landscape, the Startup 360 Connect Program now offers Kenyan and East African entrepreneurs a golden ticket to enter the UK market. Backed by the UK Government, this ambitious initiative is designed to empower high-potential startups by providing them with access to investors, seasoned mentors, and […]

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US Agri Food Tech Funding Surges as AI Innovations Redefine the Industry

After a few turbulent years marked by persistent inflation, costly credit, and ongoing trade uncertainties, the US agrifoodtech investment scene appears to be charting a cautious recovery. In 2024, startups in this sector raised a total of $6.6 billion—up 14% from the previous year’s $5.8 billion—as investors increasingly place their bets on artificial intelligence (AI) […]

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