Serrari Group

Kenya’s Digital Credit Revolution: Paving the Way for Financial Inclusion and Economic Growth

In the heart of Africa, Kenya has emerged as a trailblazer in the realm of digital innovation, and one sector, in particular, has been a driving force behind the nation’s economic growth and financial inclusivity: digital credit. Through harnessing the power of technology, digital credit has transformed access to finance, empowering individuals and businesses alike, […]

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Communities Empowered: Kenya’s Carbon Credit Bill Promises Inclusive Growth and Environmental Conservation

Kenya is on the brink of a revolutionary change in carbon trading as the National Assembly’s Budget and Appropriations Committee (BAC) has given its resounding approval to the Carbon Credit and Benefit Sharing Bill, 2023. Spearheaded by Laisamis MP Joseph Lekuton, this groundbreaking legislation aims to establish a legal framework for carbon markets, ensuring fair […]

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Safaricom’s M-PESA and TerraPay Join Forces to Connect Kenyans with Bangladesh and Pakistan, Igniting New Economic Opportunities

Safaricom Plc, Kenya’s leading telecommunications and financial services provider, has announced a groundbreaking partnership with UK-based payments infrastructure company TerraPay (Mobex Kenya). This collaboration aims to revolutionize cross-border remittances by enabling over 32 million M-PESA customers in Kenya to send and receive money to Bangladesh and Pakistan, reaching a combined population of over 200 million […]

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Rising Tide: Kenyan Onion Prices Surge Amid Dwindling Imports

Kenyan consumers are feeling the pinch as onion prices soar to unprecedented heights following a significant reduction in imports from Tanzania. The scarcity of Tanzanian onions has triggered a sharp increase in local onion prices, with the commodity now trading at a staggering KSh150 per kilogram. The shortage has been further exacerbated by a decline […]

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Kenya Receives IMF Approval for US$415.4M Disbursement

In a crucial move to bolster Kenya’s economy amidst difficult times, the International Monetary Fund (IMF) Executive Board has completed the fifth review for Kenya under the Extended Fund Facility (EFF) and the Extended Credit Facility (ECF) arrangements. The decision allows for an immediate disbursement equivalent to approximately US$415.4 million. Kenya’s Extended Fund Facility (EFF) […]

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African Union Summit in Nairobi Explores Continental Trade and Integration

Nairobi, Kenya – The vibrant city of Nairobi plays host to a high-level continental summit, where the African Union (AU), Regional Economic Communities (RECs), and Regional Mechanisms (RMs) have gathered to discuss ways to enhance integration and accelerate the implementation of the African Continental Free Trade Area (AfCFTA). The 5th Mid-Year Coordination Meeting (MYCM), held […]

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