Serrari Group

Trump Escalates Trade War: 15% Global Tariff Imposed Under Untested Law After Supreme Court Strikes Down IEEPA Powers

In a watershed moment for American trade policy, the U.S. Supreme Court delivered a sweeping 6-3 rebuke to President Donald Trump on February 20, 2026, ruling that he had exceeded his constitutional authority by using the 1977 International Emergency Economic Powers Act (IEEPA) to impose sweeping import tariffs on virtually all of America’s trading partners. […]

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Nigeria’s IDA Debt Climbs to $18.7 Billion: Africa’s Biggest World Bank Borrower Faces Mounting Fiscal Pressure

Nigeria has cemented its position as the largest borrower from the World Bank’s concessional lending arm on the African continent, and the third largest in the world, after fresh data confirmed that the country’s outstanding obligations to the International Development Association (IDA) surged to $18.7 billion as of December 31, 2025. The figure represents a […]

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De Heus Opens One of Africa’s Largest Feed Mills in Athi River, Anchoring Kenya’s Push to Double Milk Output and Slash Import Dependence

Kenya has commissioned one of the largest animal feed manufacturing facilities on the African continent, as the Dutch nutrition giant De Heus Animal Nutrition officially opened its Ksh 3 billion (USD 23 million) plant in Athi River, Machakos County on February 18, 2026 — a milestone that officials say is central to the country’s strategy […]

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Euro Slides on Lagarde Exit Reports as Fed Minutes and Geopolitical Tensions Reshape Global Currency Markets

Global currency markets experienced notable turbulence on Wednesday as three distinct forces converged to reshape investor positioning: reports of an imminent early departure by European Central Bank (ECB) President Christine Lagarde, the release of closely watched Federal Reserve January meeting minutes, and shifting risk sentiment driven by the progress of Iran-U.S. nuclear negotiations in Geneva. […]

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South Africa’s January Inflation Holds at 3.5% as Fuel Relief Offsets Meat Price Surge Rate Cuts Loom

South Africa’s headline consumer inflation edged down to 3.5% year-on-year in January 2026, retreating from December’s 3.6% and landing back at its November 2025 level, according to data released by Statistics South Africa (Stats SA) on Wednesday. While the figure came in slightly above the median economist estimate of 3.4% — trimming forward-rate expectations for […]

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Cairo Comes to Nairobi: Egypt Deploys a $100m Water Fund and a Full Economic Offensive to Win Kenya’s Strategic Loyalty

When Egypt’s Foreign Minister Badr Abdelatty landed in Nairobi this week, he did not arrive empty-handed. He carried a written message from President Abdel Fattah el-Sisi, a proposed $100 million financing mechanism for dam construction, pledges to redirect a chunk of Egypt’s $14 billion African investment portfolio toward Kenya, and a carefully worded diplomatic offensive […]

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