Serrari Group

President Ruto Signs Seven Transformative Bills into Law to Boost Tax Efficiency and Governance

In a significant step toward modernizing Kenya’s governance and economic landscape, President William Ruto on Wednesday signed into law seven critical bills at State House, Nairobi. These laws, which span tax reform, infrastructure management, anti-corruption measures, and business regulation, are designed to align Kenya with global best practices while fostering local development and governance efficiency. […]

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WPP Scales Its Global Delivery Centre Through Increased Investment in India

WPP, the world’s largest advertising and marketing services group, has announced a major expansion of its Global Delivery Centre (GDC) operations in India, reaffirming the country’s strategic importance in its global growth and innovation agenda. This move underlines India’s pivotal role as a hub for technological and creative expertise within the organization. The announcement also […]

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Zahid Group Offers $1.3 Billion for South Africa’s Barloworld

Saudi Arabia’s Zahid Group, through its Gulf Falcon Holding Ltd. and local partner Entsha Ltd., has made a $1.3 billion bid to acquire Barloworld Ltd., a leading South African construction equipment company. The proposed deal values the Johannesburg-based company at approximately 22.8 billion rand, offering 120 rand per share, which represents a 30% premium over […]

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Kenyan Accelerator Catalyst Fund Selected for KSh 33 Million Climate Initiative

Driving Climate Solutions Across Sub-Saharan Africa Catalyst Fund, a leading Kenyan pre-seed accelerator, has been awarded over KSh 33 million as part of the 2025 phase of the Empowering Sustainable Entrepreneurship in Africa program. This initiative is spearheaded by Village Capital, a global leader in impact-focused capital allocation, and supported by the Norwegian Agency for […]

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BlackRock Expands Strategic Investments in Middle East IPOs and AI Infrastructure

Abu Dhabi Finance Week Sets the StageBlackRock, the world’s largest asset manager with $11.48 trillion in assets under management, is intensifying its focus on the Middle East. The firm announced plans to act as a cornerstone investor in regional IPOs during the Abu Dhabi Finance Week, further solidifying its presence in the Gulf Cooperation Council […]

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Africa Investment Forum: AfDB and Italy’s CDP Unite to Mobilize €750 Million for Africa’s Development

A Strategic Partnership to Empower African GrowthThe African Development Bank Group (AfDB) and Italy’s Cassa Depositi e Prestiti (CDP) solidified a partnership to foster sustainable development in Africa. Through the establishment of the Growth and Resilience Platform for Africa (GRAf), the agreement aims to channel investments into critical areas such as food security, small and […]

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Kenya Leads $379M African Startup Funding Growth with Black Founders Fund Impact

The Black Founders Fund (BFF) Alumni Summit, held on November 27, 2024, at iHub in Nairobi, showcased the profound achievements of Black-led startups across Africa through its annual BFF Impact Report. The report celebrated the strides made by these startups, highlighting $379 million in funding raised, the creation of 6,000 new jobs, and an impressive […]

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India’s Modi Showcases Investment Opportunities at Rising Rajasthan Global Investment Summit 2024

Indian Prime Minister Narendra Modi inaugurated the Rising Rajasthan Global Investment Summit 2024, emphasizing the state’s pivotal role in India’s evolving economic landscape. The summit, which runs from December 9 to 11 in Jaipur, has been designed to attract investments across multiple industries, including renewable energy, electric vehicles, and tourism, while showcasing Rajasthan’s inherent strengths. […]

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AfDB and DBSA Collaborate on $2 Billion Synthetic Securitization for African Development

The African Development Bank Group (AfDB), in collaboration with the Development Bank of Southern Africa (DBSA) and institutional investors such as Academy Securities, Africa50, and Newmarket, has announced the launch of a $2 billion synthetic securitization initiative. This groundbreaking effort aims to unlock critical capital to advance Africa’s development priorities, focusing on areas like climate […]

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High Interest Rates Drive Borrowers to SACCOs

Kenyan Savings and Credit Cooperative Organizations (SACCOs) have emerged as a critical financial lifeline for borrowers in the face of persistently high interest rates from commercial banks. Despite three consecutive reductions in the Central Bank Rate (CBR) by the Central Bank of Kenya (CBK) to the current 11.25%, commercial banks have been slow to reduce […]

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