Serrari Group

EU Council Greenlights Economic Partnership Deal with Kenya

The Council of the European Union has officially approved the EU-Kenya Economic Partnership Agreement (EPA), marking a significant milestone in the economic relationship between Europe and Kenya. This agreement ensures Kenya’s continued tax-free access to the 27-member EU market while progressively opening Kenya to duty-free imports and European investments. Enhancing Trade and Economic Opportunities The […]

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Kamau Thugge Earns Central Bank Governor of the Year Award for Economic Reforms

Kamau Thugge, the Governor of the Central Bank of Kenya (CBK), has been named Central Bank Governor of the Year by the African Banker Magazine. This recognition, announced during the African Bankers Awards event in Nairobi, celebrates Thugge’s pivotal role in implementing economic reforms and stabilizing the market. Under Thugge’s leadership, the CBK has achieved […]

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Del Monte Kenya: Cultivating Kenya’s Economic Growth Through Agriculture

Kenya’s economic landscape finds its cornerstone in agriculture, a fact reaffirmed by the recent unveiling of the Economic Survey 2024. Despite facing numerous challenges, the agricultural sector has emerged as the driving force behind the nation’s GDP, employment figures, and foreign exchange earnings. Del Monte Kenya stands as a key player in this narrative, playing […]

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Kenya Expands Access to Electricity for 280,000 More Households

In a significant stride towards nationwide electrification, Kenya has signed a historic agreement worth Sh27 billion to extend power access to an additional 280,000 households across 32 counties. Deputy President William Ruto presided over the signing ceremony at State House Nairobi, emphasizing the importance of this initiative in aligning with Kenya’s vision of achieving universal […]

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Ruto’s US Visit Elevates Kenya’s Tech Status

President William Ruto’s recent diplomatic journey to the United States has shone a spotlight on Kenya’s burgeoning tech prowess, positioning the nation as a focal point for innovation in Africa. During discussions with President Joe Biden at the White House on May 23, 2024, Ruto emphasized Kenya’s commitment to leveraging technology for economic growth. Kenya: […]

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Unlocking Turkana’s Economic Potential: State Collaboration Key to Mineral Exploitation

Turkana County, often misconceived as inhospitable terrain, is in fact a hidden gem of economic opportunity. Despite its arid appearance, Turkana boasts vast mineral resources that hold the promise of transformative growth for the region. Under the leadership of Mr. Stanley Loter, the County Director of Mineral Resources, Turkana’s true potential is being recognized. Spanning […]

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U.S. and Kenya Unite in Landmark STEM Education Partnership

In a significant stride toward fostering innovation and economic growth, the United States and Kenya have formalized a pioneering Framework for Cooperation aimed at advancing STEM (Science, Technology, Engineering, and Mathematics) education. During Kenyan President William Ruto’s State Visit to the United States, USAID Counselor Clinton White and Kenyan Prime Cabinet Secretary Wycliffe Musalia Mudavadi […]

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Microsoft and G42 Inject $1 Billion into Kenya’s Digital Advancement, Boosting the Nation’s Economic Outlook

In a strategic move to propel Kenya’s digital landscape forward, Microsoft Corp. and G42 have announced a substantial $1 billion investment initiative. This collaboration, in partnership with Kenya’s Ministry of Information, Communications, and the Digital Economy, signifies a pivotal moment for Kenya’s technological advancement. At the core of this initiative is the establishment of a […]

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Kenya’s GDP Growth Hit 5.6% in 2023: KNBS Economic Survey Unveils

Kenya’s economy demonstrates resilience, with the latest Economic Survey Report unveiling a robust growth trajectory. According to the Kenya National Bureau of Statistics, the Gross Domestic Product (GDP) surged to 5.6% in 2023, a notable improvement from the revised figure of 4.9%. Agriculture, Forestry, and Fishing emerge as key drivers of this growth, experiencing a […]

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