Serrari Group

Ethiopia Emerges as Sub-Saharan Africa’s Fastest Growing Economy with 7.2% IMF Growth Projection for 2025

The International Monetary Fund has projected that Ethiopia’s economy will expand by 7.2 percent in 2025, positioning the East African nation among sub-Saharan Africa’s fastest-growing economies despite ongoing regional and global economic headwinds. This robust growth forecast reflects the country’s aggressive pursuit of structural reforms, successful debt restructuring efforts, and diversification initiatives aimed at building […]

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World Bank Revises Kenya’s Economic Growth Forecast Upward to 4.9% Amid Construction Sector Recovery

The World Bank has revised Kenya’s economic growth projection for 2025 upward to nearly 5 percent, citing encouraging signs of recovery in the construction sector across East Africa’s largest economy. This upward revision, announced on Monday, November 24, 2025, represents a significant boost to Kenya’s economic outlook and reflects improving conditions in key industries that […]

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G20 Summit Declaration Affirms Commitment to Global Minimum Tax Framework Amid US Policy Uncertainty

Leaders of the world’s twenty largest economies have issued a landmark commitment to engage constructively in addressing persistent concerns regarding the global minimum tax regime and the complex tax challenges arising from the rapid digitalisation of the global economy, while simultaneously emphasizing the paramount importance of preserving the tax sovereignty of all participating countries. This […]

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European Union and Global Partners Mobilize €15.5 Billion Investment to Transform Africa’s Energy Landscape

A historic global clean-energy mobilization campaign jointly spearheaded by Ursula von der Leyen, President of the European Commission, and Cyril Ramaphosa, President of South Africa, has successfully secured €15.5 billion in comprehensive financial commitments to support Africa’s ambitious transition toward renewable energy sources and modern electricity infrastructure. This landmark achievement represents one of the most […]

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Kenya’s Economic Resurgence: How Strategic Reforms Propelled Nation to Africa’s Sixth-Largest Economy

President William Ruto has declared Kenya’s remarkable economic transformation, announcing that the East African nation has risen from the precipice of financial collapse in 2022 to claim its position as Africa’s sixth-largest economy, with a gross domestic product that has surged to $136 billion from $115 billion just three years ago. This dramatic turnaround represents […]

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UAE Unveils Ambitious Global Trade Centre Initiative to Attract World’s Top 1,000 Trading Companies

In a bold strategic move to cement its position as a global commerce powerhouse, the United Arab Emirates on Thursday launched the UAE Global Centre of Trade programme, an ambitious international economic initiative designed to attract the world’s top one thousand companies specializing in international trade. The programme, announced by His Highness Sheikh Mohammed bin […]

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Uganda’s $5 Billion East African Oil Pipeline Reaches 75% Completion, Paving Way for 2026 First Oil

After years of delays, financial obstacles, and environmental contention, Uganda’s transformative ambition to become a regional oil exporter has taken a decisive step forward with the East African Crude Oil Pipeline (EACOP) reaching seventy-five percent completion. The milestone, announced by Uganda’s Petroleum Authority on Wednesday, marks significant progress in one of Africa’s most ambitious and […]

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Safaricom Secures Regulatory Approval for Sh40 Billion Medium-Term Note Programme to Finance Regional Expansion

Safaricom PLC, East Africa’s leading telecommunications provider, has received critical regulatory approval from the Capital Markets Authority to establish a Sh40 billion Medium-Term Note (MTN) programme, marking a significant milestone in the company’s ambitious expansion strategy across the region. The approval positions the telecommunications giant to raise substantial long-term capital through Kenya’s debt market to […]

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Japan Unveils Historic ¥20 Trillion Economic Stimulus to Combat Inflation and Cost-of-Living Crisis

In a bold response to mounting economic pressures, the Japanese government is preparing to unveil an unprecedented economic stimulus package valued at more than 20 trillion yen ($129 billion), according to sources familiar with the deliberations. The comprehensive package represents the government’s most ambitious effort yet to shield citizens from the persistent effects of inflation […]

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South African Farmers Unlock New Revenue Stream Through UPL’s Smart Climate Ag Carbon Credit Programme

South African commercial row-crop farmers are pioneering a new era of climate-positive agriculture through UPL Corporation’s Smart Climate Ag programme, which enables them to earn additional income from verified carbon credits while adopting environmentally sustainable farming practices. The initiative represents a significant breakthrough in aligning agricultural productivity with environmental stewardship, offering farmers financial incentives for […]

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