Verod Capital announces the acquisition of Metropolitan Life Nigeria

Private equity investor Verod Capital Management announced Wednesday (September 17th) that it has received the necessary regulatory approvals for the acquisition of the entire...

Nigeria gets two new takaful insurance companies

The National Insurance Commission of Nigeria (NAICOM) has authorized the insurance companies Cornerstone Takaful Insurance Company Limited and Salam Takaful Insurance Company Ltd. to...

Ghana: Activa Launches Insurance Program for Women

Activa International Insurance Ghana (AIIG), a subsidiary of Cameroon's insurance group Activa, along with the International Finance Corporation (IFC), has launched a women's insurance...

After absorbing Saham, South African Sanlam scrutinizes Egypt

The South African insurer Sanlam Ltd plans to invest in Egypt in the year 2020, according to its CEO, Ian Kirk, in a statement...

Government of Senegal to Receive a minimum of US$22m from ARC for Drought

““The vision of African Union in establishing ARC was to present a powerful value proposition that will help Member States better understand their disaster...

Cameroon: Chanas assurances unveils new ambitions

Long leader in the insurance market throughout the Economic and Monetary Community of Central Africa (CEMAC) with a record turnover of 23.3 billion FCFA...

Saham Assurance Maroc sales rise in the first half of the year

Saham Assurance Maroc announced Wednesday, September 4, a half-year sales increase of 11.3% over June 2018 to reach MAD 3.073 billion (about 318 million...

Ifage conferences: the role of the actuary

The Interafrican Institute of Training in Insurance and Business Management (IFAGE) starts the academic year with an inaugural conference, October 25, 2019, dedicated to...

Kenyan insurance companies bite their noses

Insurance companies in Kenya saw their profits plummet to less than 61.5% in 2018 to reach $ 33 million, marking their worst year of...

Allianz Risk Barometer 2020: Cyber top peril for companies in South Africa

9th annual survey on top business risks attracts record participation of 2,700+ experts from over 100 countries Cyber incidents have become more damaging and...

Morocco: Wafa Assurance Completes Acquisition of Pro Assur

The insurance company, Wafa Assurance, has announced that it has finalized the acquisition of the shares of Pro Assur SA, operating in non-life in...

Baloon Santé: Senegal in pole position

The insurance sector is changing rapidly on the African continent. Solutions abound to make insurance underwriting accessible to disadvantaged social classes. After the automobile,...

AFC closes Debut Dual Currency Samurai Term Loan Facility

Africa Finance Corporation ("AFC" or "the Corporation"), Africa's leading investment-grade infrastructure solutions provider, announces the successful closure of general syndication which raised...

African Risk Capacity Insurance Limited to Issue $738 835 Payout to Côte d’Ivoire

“The Government of Côte d’Ivoire has been consistent in its relationship with African Risk Capacity. The expected trigger of a payout to the country...
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