Serrari Group

Africa50 Investment Platform Gets Thumbs Up for Innovative Financing, Strategic Partnerships, and Performance

In a continent striving to close its infrastructure gap, Africa50, the investment platform established by African governments and the African Development Bank (AfDB), is rapidly becoming a key player. During its 2024 Annual General Shareholders Meeting, held in Antananarivo, Madagascar, Africa50 was praised by stakeholders, including the Presidents of Madagascar and Tanzania, for its critical […]

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Acorn Holdings Set to Delist Bond from Nairobi Securities Exchange

Acorn Holdings, a prominent real estate developer in Kenya, has announced plans to delist its KSh5.7 billion green bond from the Nairobi Securities Exchange (NSE). Listed under the Fixed Income Securities Market Segment, the company issued the bond in 2019 as the first green housing bond on the African continent. Now, in an early redemption […]

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Apollo Reportedly Offering Multi-Billion Dollar Investment to Intel Amid Acquisition Rumors by Qualcomm

Tech giant Intel has been making headlines lately, navigating a challenging landscape that has tested its resilience. Following a turbulent period marked by declining market share and strategic overhauls, Intel is now the subject of speculation regarding a potential acquisition by Qualcomm. While these acquisition rumors have not been substantiated, another significant development has emerged—Apollo […]

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Coca-Cola Plans $1 Billion Investment in Nigeria Amid Economic Reforms

Coca-Cola, the global beverage giant, has announced plans to invest $1 billion in Nigeria over the next five years. This significant capital infusion comes at a critical time for Africa’s largest economy, which is undergoing profound economic reforms under the leadership of President Bola Tinubu. The announcement was made during a meeting between Tinubu and […]

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Kenya Negotiating Sh32.2 Billion Loan from India to Boost Agriculture and MSMEs

Kenya and India are currently negotiating a Sh32.2 billion (USD 250 million) loan facility aimed at boosting trade between the two countries and fostering economic growth in Kenya, particularly in the agriculture sector. Investment, Trade, and Industry Cabinet Secretary (CS) Salim Mvurya made the announcement during a press briefing on September 19, 2024, where he […]

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Global Investors Brace for Turmoil as Big Fed Rate Cut Sows Confusion

Global investors are on high alert following a significant U.S. Federal Reserve rate cut that has sparked confusion over the future direction of the world’s largest economy. The unprecedented move has left market participants questioning whether the U.S. is poised for an economic boom or a potential downturn, leading to uncertainty in stocks, bonds, and […]

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Nigerian Investment Firm Risevest Completes Acquisition of Kenya’s Hisa

In a significant move within the African fintech landscape, Nigerian-based investment platform Risevest has officially completed the acquisition of Kenya’s mobile investment platform Hisa. This acquisition is poised to reshape the investment landscape in both Kenya and Nigeria, particularly in terms of providing seamless access to U.S. stock markets and Exchange Traded Funds (ETFs) for […]

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BGO Raises €2bn for European Investment Program

In the latest development from the world of real estate investment, BGO (BentallGreenOak), a prominent global real estate investment management advisor, has announced that it has raised an impressive €2 billion ($2.2 billion) for its European investment program. The funds were secured through the firm’s fourth European Value-Add Strategy, reflecting significant interest in the company’s […]

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