Serrari Group

Afreximbank mobilizes $250B to boost Africa’s trade, resilience, and sustainable growth

The Africa Export-Import Bank (Afreximbank), a leading multilateral financial institution dedicated to promoting and financing intra- and extra-African trade, has announced a monumental achievement: the mobilization of over $250 billion for Africa’s growth and development. This significant disclosure was made by the bank’s President, Professor Benedict Oramah, during the 32nd Afreximbank Annual Meetings (AAM), currently […]

Share this article:

SME South Africa Hosts Inaugural Funding Summit to Empower Local Entrepreneurs

Pretoria, South Africa – In a pivotal and highly anticipated event poised to significantly reshape the landscape for small and medium-sized enterprises (SMEs) across the Rainbow Nation, SME South Africa hosted its inaugural Funding Summit on June 12, 2025. Held at the sophisticated Empire Conference and Events Venue in Parktown, Johannesburg, this full-day summit served […]

Share this article:

Uganda’s SGR Revival Gathers Pace as Kenya Pursues Landmark Panda Bond, Reshaping East African Trade Corridors

A new chapter is unfolding in East Africa’s ambitious quest for modern infrastructure and enhanced regional trade. On parallel tracks, Uganda is signaling the imminent start of its Standard Gauge Railway (SGR) construction from Malaba to Kampala, backed by significant funding from the Islamic Development Bank (IsDB) and a consortium of lenders. Meanwhile, neighboring Kenya […]

Share this article:

China Fuels Africa’s Growth with Record Investments and Trade, Forging a Deeper Strategic Partnership

In a powerful testament to its escalating commitment to Africa’s economic development, China has significantly intensified its engagement with the continent, injecting more than US$22.85 billion in fresh investments and funding within the first five months of 2025 alone. This unprecedented financial flow coincides with a record-high trade volume of US$134 billion between China and […]

Share this article:

Namibia holds repo rate at 6.75% to protect currency peg and manage global risks

In a move reflecting a cautious stance amidst a complex global economic landscape, the Bank of Namibia (BoN), the nation’s central bank, announced on Wednesday its decision to keep its main interest rate, the repo rate, unchanged at 6.75%. This marks the second consecutive Monetary Policy Committee (MPC) meeting where the rate has been held […]

Share this article:

South African Sugar Industry Sounds Alarm: Imports Threaten Thousands of Jobs and Rural Livelihoods

The South African sugar industry, a vital component of the nation’s agricultural economy and a cornerstone of rural livelihoods, is facing an existential threat. SA Canegrowers, the representative body for the country’s sugarcane farmers, has issued a dire warning: a relentless influx of cheap, often subsidised, sugar imports is imperiling thousands of jobs and destabilising […]

Share this article:

Gold Mining Companies in Ghana and Ivory Coast Resist Tax Hikes Amidst Soaring Prices

Accra, Ghana & Abidjan, Ivory Coast: In a significant standoff shaking the African mining sector, major gold producers operating in Ghana and Ivory Coast are refusing to comply with new tax increases imposed this year. Industry sources indicate that these companies argue the revised regulations flout the terms of their existing licence agreements, raising fundamental […]

Share this article:

East African Nations Unveil Ambitious 2025/26 Budgets

Across East Africa, a palpable sense of anticipation filled legislative chambers as finance ministers from the East African Community (EAC) member states presented their national spending plans for the 2025/26 fiscal year. From Kenya’s bustling capital to Rwanda’s hills, Uganda’s resource-rich plains, and Tanzania’s vibrant coast, these budgets are more than just numbers on a […]

Share this article: