Serrari Group

Johnvents Group and BII Partner to Drive Sustainability and Growth in Nigeria’s Cocoa Sector with $40.5 Million Investment

In a landmark development that promises to reshape Nigeria’s cocoa industry, Johnvents Group, a leading agribusiness and manufacturing conglomerate, has announced a strategic partnership with British International Investment (BII), the United Kingdom’s development finance institution and impact investor. This collaboration will see an investment of $40.5 million, aimed at boosting cocoa production, enhancing global export […]

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EIB Invests in New IPAE 3 Fund to Support Entrepreneurship in West Africa and Madagascar

In a significant step towards fostering entrepreneurship in Africa, the European Investment Bank (EIB) has announced a €15 million investment in the new I&P Afrique Entrepreneurs 3 (IPAE 3) fund. This initiative aims to provide critical support to small and medium-sized enterprises (SMEs) in West Africa and Madagascar, ultimately creating more than 4,000 direct jobs, […]

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HSBC Investors Support CEO Elhedery’s Strategic Investment Banking Retrenchment

Investors in HSBC Holdings Plc have expressed strong support for CEO Georges Elhedery’s decisive move to scale back the bank’s investment banking operations in Western markets. This strategic retrenchment aligns with HSBC’s long-term vision to concentrate on its more lucrative Asian franchises, even as U.S. President Donald Trump’s deregulatory policies spark optimism for increased capital […]

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IFC Invests $50 Million in Nigeria’s Lagos Free Zone to Boost Industrial Growth

In a significant move aimed at accelerating industrialization in Nigeria, the International Finance Corporation (IFC) has announced a $50 million investment in the Lagos Free Zone (LFZ), marking a major milestone in the country’s push for economic expansion. The investment, made public on February 7, 2025, signals IFC’s commitment to fostering sustainable growth in Africa’s […]

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Kenya’s Cabinet Approves Major Travel Reforms, Raising Duty-Free Import Limit and Enhancing Airport Efficiency

In a landmark decision aimed at improving the travel experience and positioning Kenya as a premier aviation gateway, the Cabinet has endorsed a comprehensive plan to reform customs, streamline airport operations, and boost intra-African travel. The most notable measure is the increase in the duty-free import limit for arriving passengers from Sh50,000 to Sh250,000, significantly […]

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London Tech Firm Restrata Secures Investment to Expand Global Operations

Restrata, a London-based provider of operational resilience software and services, has announced a significant investment from Scottish Equity Partners (SEP). This strategic partnership aims to accelerate Restrata’s product development, integrate AI-powered enhancements, and expand its operations across North America, Europe, and the Middle East. Founded in 2006, Restrata has established itself as a leader in […]

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Africa’s Richest Man Aliko Dangote Doubles Down on Ethiopia Investments

Aliko Dangote, Africa’s wealthiest individual and Chairman of the Dangote Group, has announced significant investment expansion in Ethiopia. This move reflects both his growing confidence in the country’s economic potential and his broader ambition to consolidate his influence in Africa’s industrial sector. His latest investment push includes expanding his cement production capacity, establishing a new […]

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Boost for NSE as Two More Firms Join Global Stock Indices

The Nairobi Securities Exchange (NSE) has received a significant boost following the addition of two more Kenyan-listed companies to the Morgan Stanley Capital International (MSCI) Inc. frontier markets indices. This development is expected to enhance the visibility of Kenyan equities among foreign investors, fostering increased inflows and strengthening confidence in the country’s capital markets. The […]

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Volkswagen’s $1.4 Billion Tax Dispute with India Rekindles Foreign Investor Concerns

In a development that has sent ripples through the international business community, Volkswagen’s protracted tax dispute with India has resurfaced, highlighting the challenges foreign investors face in the country. The German automotive giant is contesting a staggering $1.4 billion tax demand from Indian authorities, a move that has reignited concerns about India’s complex tax environment […]

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