Serrari Group

Rwanda Feels the Pinch of Trump Aid Freeze

In a stunning policy shift that is sending shockwaves through Rwanda’s development community, the Trump administration has announced the closure of 83 percent of USAID programs. The decision, which affects approximately 5,200 contracts worldwide—including several key initiatives in Rwanda—is already inflicting severe consequences on local humanitarian and development projects. With hundreds of jobs on the […]

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South Sudan Projected to Experience Universal Poverty in 2025: World Bank

 In a stark warning of a deepening humanitarian and economic crisis, the World Bank has projected that South Sudan will experience universal poverty in 2025. According to its latest “South Sudan Economic Monitor” report, the combination of a steep decline in oil production, severe external shocks, skyrocketing inflation, and the aftermath of natural disasters is […]

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Africa’s GDP Growth Projected to Hit 3.8% in 2025: Report

Africa’s economic recovery appears set to continue, with the United Nations Economic Commission for Africa (UNECA) projecting that the continent’s gross domestic product (GDP) growth will rebound to 3.8% in 2025 and further accelerate to 4.1% in 2026. The report, released during the 57th session of the Economic Commission for Africa: Conference of African Ministers […]

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ECOWAS and WAIFEM Strengthen Partnership to Foster Economic Resilience and Integration in West Africa

In a landmark move aimed at deepening regional integration and boosting economic resilience, the Economic Community of West African States (ECOWAS) Commission and the West African Institute for Financial and Economic Management (WAIFEM) have reaffirmed their commitment to collaborative reform. This partnership seeks to enhance financial governance, promote sustainable growth, and prepare the region for […]

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Nigeria: Reps Probe $662mln Approved for 500,000 Low-Income Houses

In a bold move aimed at addressing widespread concerns over mismanagement and inefficiencies in the housing sector, the Nigerian House of Representatives has mandated its Committee on Public Assets to investigate the Family Homes Fund Limited. The probe comes amid growing alarm over the utilisation of N1.5 trillion (approximately $662 million) approved for the construction […]

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UAE, Central African Republic CEPA to Boost Trade Beyond AED3.67 Billion

In a significant development for bilateral economic relations, the United Arab Emirates and the Central African Republic have signed a Comprehensive Economic Partnership Agreement (CEPA) that is projected to boost trade between the two nations to over AED3.67 billion in the next five to seven years. Announced on March 7, 2025, by Dr. Thani bin […]

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South africa sets a global economic agenda with b20 and g20 initiatives

Last week marked a historic turning point for South Africa and the global economic community as the nation not only launched the Business 20 (B20) forum but also hosted the inaugural meeting of G20 Finance Ministers and Central Bank Governors in Cape Town. These high-profile events signal a new era in global economic governance and […]

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The Legalisation of Spaza Shops in South Africa: An Analysis of Government Efforts

In recent years, the South African government has intensified efforts to formalise the informal economy, with a particular focus on spaza shops—the small convenience stores that are the lifeblood of many townships. These businesses, which provide essential goods and services to low-income communities, are now at the centre of a policy drive aimed at boosting […]

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