Serrari Group

iX Africa Data Centres Launches 4.5MW Hyperscale Facility in Nairobi, Kenya

East Africa is witnessing a significant leap forward in digital infrastructure as iX Africa Data Centres, the region’s largest hyperscale facility provider, officially launches the first phase of its state-of-the-art data centre in Nairobi. Named NBOX1, this 4.5MW, 780-rack hyperscale, carrier-neutral, and AI-ready facility marks a milestone in Kenya’s journey to becoming Africa’s leading digital […]

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Egypt Secures a Top Spot in Africa’s Tech Investment Race

Egypt has rapidly emerged as a dynamic force in Africa’s digital revolution. In 2024, the nation secured third place among the continent’s top tech investors—attracting an impressive US$297 million in 89 deals—underscoring its expanding role in shaping Africa’s digital economy. With remarkable strides in broadband speeds, digital infrastructure, and cybersecurity advancements, Egypt is not only […]

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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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