Serrari Group

Zambia’s debt restructuring stalls as IMF flags weak debt management

For international investors, Zambia’s debt restructuring journey has been a closely watched case study. As the first African nation to default in the pandemic era and seek relief under the G20 Common Framework, its path to financial recovery was seen as a potential blueprint for other struggling economies. However, that journey took a significant step […]

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Maersk Ends Direct US-South Africa Route: A Major Blow to Transatlantic Trade and South Africa’s Export Future

In a significant blow to South Africa’s already challenged export sector, Danish shipping giant Maersk has announced the discontinuation of its direct cargo shipments between South Africa and the United States, effective October 1. This strategic decision means that South African exports destined for the U.S. will now be rerouted via European transshipment hubs, leading […]

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South Africa’s Strategic Response: Navigating US Tariffs and Forging New Trade Paths

In a decisive move to cushion its economy from the impact of new 30% tariffs imposed by the United States, South Africa has unveiled a comprehensive, multi-pronged strategy. The Departments of International Relations and Cooperation (DIRCO) and Trade, Industry, and Competition (DTIC) issued a joint statement today, outlining a detailed response that combines diplomatic engagement […]

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South Africa Faces Steep 30% US Tariff

South Africa is bracing for a significant economic blow as a 30% tariff on its exports to the United States is set to take effect next week. This punitive measure, announced in an executive order by U.S. President Donald Trump, follows South Africa’s failure to secure a favorable trade deal before a critical deadline. The […]

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Nigeria’s Real Estate Sector Surges Past Oil as Key GDP Contributor

In a landmark economic revelation, Nigeria’s real estate sector has officially surpassed crude oil and natural gas to become the third-largest contributor to the nation’s Gross Domestic Product (GDP). This significant shift, unveiled through the recent rebasing of Nigeria’s GDP figures, signals a profound reorientation of the country’s economic landscape, moving beyond its traditional reliance […]

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IATA Urges African States to Unlock Aviation’s Full Growth Potential

The International Air Transport Association (IATA), the global trade association for the world’s airlines, has issued a powerful call to action for African governments: prioritize aviation as a fundamental engine for economic expansion, robust job creation, and transformative social progress across the continent. This urgent appeal underscores the sector’s immense, yet often untapped, potential to […]

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South Africa Secures $474.6 Million AfDB Loan to Accelerate Just Energy Transition

In a pivotal step towards a sustainable and equitable energy future, South Africa and the African Development Bank (AfDB) have formally signed a $474.6 million loan agreement. This significant financial commitment is earmarked to bolster the implementation of South Africa’s ambitious Just Energy Transition (JET) initiatives, reinforcing the nation’s drive to enhance energy security, accelerate […]

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EAC records first-ever trade surplus in Q1 2025 driven by export surge to China

In a landmark economic achievement that signals a potential turning point for the region’s global trade position, the East African Community (EAC) has recorded its first-ever trade surplus with the rest of the world in the quarter ending March 2025. This historic shift, driven predominantly by a remarkable surge in exports to China, marks a […]

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Nigeria Adopts Stablecoin Framework With SEC Backing and Blockchain Integration 

Nigeria, Africa’s largest economy and most populous nation, has taken a decisive step to integrate digital assets into its financial mainstream with the unveiling of a formal regulatory framework for stablecoins. This landmark announcement by the Securities and Exchange Commission (SEC) marks a significant pivot from years of cautious, at times restrictive, approaches to cryptocurrencies, […]

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