Serrari Group

Angola set to become a key global gas player after major offshore discovery in the Lower Congo Basin

Angola, long recognized as a powerhouse in African oil production, is now poised to emerge as a significant player in the global natural gas sector following a groundbreaking discovery in the offshore Lower Congo Basin. The exploration well, named “Gajajeira-01,” has uncovered substantial natural gas reserves and associated condensates, signaling a pivotal shift in the […]

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South Africa Lifts Ban on Brazilian Poultry Imports

South Africa has officially lifted its import ban on live poultry and poultry products from Brazil. The decision, follows the successful containment of a Highly Pathogenic Avian Influenza (HPAI) outbreak in Brazil’s Rio Grande do Sul state, a critical poultry-producing region. This resolution comes after a series of intensive bilateral discussions and a thorough review […]

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East African Crude Oil Pipeline nears completion, aiming to make Uganda an oil exporter by 2026

A monumental undertaking spanning two East African nations, the East African Crude Oil Pipeline (EACOP) project is now entering its critical final phase, a “12-month sprint” that promises to usher Uganda into the exclusive club of oil-exporting countries by the second half of 2026. With approximately $3.6 billion already invested, this ambitious cross-border infrastructure project […]

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Ethiopia launches its first securities exchange 

In a monumental stride forward for its economic liberalization and financial modernization, Ethiopia today officially launched its long-awaited securities exchange. This historic event marks the introduction of a secondary market for government treasury bills (T-bills) in electronic form, signaling a profound transformation in how the nation mobilizes domestic capital and integrates into the global financial […]

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Cape Town unveils R71.2B plan to boost energy resilience, cut Eskom reliance

The City of Cape Town has unveiled a staggering R71.2 billion (approximately $3.9 billion) investment plan over the next three years, targeting critical infrastructure upgrades and a significant shift towards diversified and sustainable electricity supply. This monumental commitment positions Cape Town at the forefront of South Africa’s energy transition, aiming to drastically reduce its reliance […]

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South African Businesses Embrace AI: 77% Ready for Immediate Adoption, Over Half See Tangible Benefits

South Africa’s business landscape is rapidly transforming, driven by an enthusiastic embrace of Artificial Intelligence (AI). A groundbreaking new survey by global technology brand Asus reveals that an impressive 77% of South African business decision-makers are ready to adopt AI tools immediately, with over half (51%) already experiencing measurable, positive outcomes. These compelling findings paint […]

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South Sudan seeks urgent UAE support as financial crisis deepens

The world’s youngest nation, South Sudan, is once again at a critical economic crossroads, facing a severe financial crisis that has pushed its leadership to seek urgent external assistance. In a clear sign of the deepening woes, South Sudan’s President Salva Kiir has undertaken two official trips to the United Arab Emirates (UAE) this year, […]

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Egypt’s Debt Diplomacy: Securing Over $900 Million in Debt Swaps to Fuel Development and Advocate Global Financial Reform

In a strategic move to alleviate its burgeoning debt burden and unlock crucial development financing, Egypt has successfully secured over $900 million in debt swap agreements with key international partners, including Germany, Italy, and, for the first time, China. This proactive approach, announced by Egypt’s Minister of Planning, Economic Development, and International Cooperation, Rania Al-Mashat, […]

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