Serrari Group

Kenya’s Economy Poised for Modest Recovery with 4.9-5.2% Growth Projected for 2026 Amid Global Uncertainties

Kenya’s economy is demonstrating signs of stabilization as the country emerges from a challenging period marked by slower growth, with projections indicating GDP expansion between 4.9 and 5.2 percent in 2026, according to forecasts presented at the 2026 Economic Outlook Forum. However, analysts caution that external shocks, global economic uncertainties, and persistent domestic challenges could […]

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India Emerges as Second-Largest Driver of Global Economic Growth, Surpassing United States in IMF Rankings

In a development that underscores the dramatic transformation of global economic dynamics, India has emerged as the second-largest contributor to worldwide economic expansion, surpassing the United States in the International Monetary Fund’s latest projections for 2026. The shift has drawn widespread attention after billionaire entrepreneur Elon Musk characterized the data as evidence that “the balance […]

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UAE and Sierra Leone Sign Landmark Trade Agreement to Unlock West African Economic Potential

The United Arab Emirates and the Republic of Sierra Leone have formalized a comprehensive economic partnership that positions the Gulf state to expand its commercial footprint in West Africa while providing Sierra Leone with critical investment capital for infrastructure development and economic diversification. The signing of the Comprehensive Economic Partnership Agreement (CEPA) on February 2, […]

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KOKO Networks Abruptly Ceases Operations in Kenya, Leaving Thousands of Households and 700 Employees in Crisis

In a dramatic development that has sent shockwaves through Kenya’s clean energy sector, KOKO Networks—one of East Africa’s most prominent clean-cooking startups—has abruptly shut down its operations in Kenya, laying off its entire 700-person workforce and leaving hundreds of thousands of households without access to affordable bioethanol cooking fuel. The shutdown, announced on Friday, January […]

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Gold Soars Above $5,300 as Dollar Weakness and Federal Reserve Concerns Drive Historic Rally

The precious metals market witnessed extraordinary volatility in late January 2026 as gold prices shattered all-time records, climbing above $5,300 per ounce before experiencing dramatic reversals. The surge, driven by a confluence of geopolitical tensions, concerns about U.S. Federal Reserve independence, and persistent dollar weakness, has fundamentally reshaped expectations for precious metals markets heading into […]

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Dangote Refinery Commits to Supplying 75 Million Litres of Petrol Daily, Surpassing Nigeria’s Domestic Demand

The Dangote Petroleum Refinery has made a significant commitment to Nigeria’s energy security by reaffirming its capacity to supply petroleum products far beyond the nation’s current domestic consumption levels. In a public notice issued on January 29, 2026, the refinery announced it can deliver 75 million litres of Premium Motor Spirit (PMS), commonly known as […]

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Kenya Set to Resume Critical IMF Negotiations in February Following Programme Collapse and Mounting Fiscal Pressures

Kenya is poised to resume high-stakes negotiations with the International Monetary Fund in February 2026, marking a critical attempt to secure a new funding arrangement following the collapse of its previous $3.6 billion programme in March 2025. The renewed engagement, confirmed by National Treasury officials, represents a cautious but essential effort by Kenyan authorities to […]

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ECOWAS Records 4.6% Economic Growth Despite Regional Security Challenges and Member State Withdrawals

The Economic Community of West African States achieved 4.6% economic growth in 2025, outperforming continental averages despite confronting significant security challenges, the formal withdrawal of three Sahel member states, and persistent global economic uncertainties, according to ECOWAS Commission President Dr. Omar Touray. The resilient performance, announced during a meeting with development partners in Abuja on […]

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Kenya Dismantles Legacy Power Tariff Framework to Enable Market-Driven Electricity Procurement

The Energy and Petroleum Regulatory Authority (EPRA) has revoked critical investment and tariff-setting guidelines governing Kenya’s power sector, fundamentally reshaping the regulatory architecture just months after Parliament approved the lifting of a nearly three-year moratorium on new Power Purchase Agreements (PPAs). The regulatory overhaul, formalized through gazette notices dated January 5, 2026, signals Kenya’s decisive […]

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