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30-10-2014 22:52:00 | by: Administrator | hits: 12672216 | Tags:

[South Africa Business Week] JSE grows listing portfolio
20-09-2018 | 17:19:00
This week, the ever aggressive South African business world has seen two major companies, Vivo energy and Naspers all set to list on Johannesburg Stock Exchange (JSE).
[South Africa] Wala wins Zambezi Prize for micropayments platform
20-09-2018 | 07:44:00
The Legatum Center for Development and Entrepreneurship at MIT, has named South African startup Wala as the grand prize winner of the 2018 Zambezi Prize for Innovation in Financial Inclusion, as well as the regional winner of the MIT Inclusive Innovation Challenge.
ATI, Marsh offer $95 million bank surety for Tanzania rail project
19-09-2018 | 13:30:00
Marsh has provided a $95 million innovative bank surety solution to Yapı Merkezi Construction and Industry Inc., to support the construction of a new high-speed electric railway line in Tanzania.
[Nigeria] Insurance sector records 300% premiums growth in 10 years
17-09-2018 | 06:57:51
The Insurance Sector in Nigeria enjoyed a steady growth with Premiums increased of 300 per cent from N75 billion to over N300 billion between 2005 and 2015
[South Africa Business Week] Monash South Africa is now AdvTech owned
13-09-2018 | 18:08:00
ADvTECH has announced the acquisition of Monash South Africa (MSA), a leading South African private tertiary education institution with students from more than 50 countries.
Tokio Marine Group to acquire 22.5% of Hollard Insurance South Africa
11-09-2018 | 08:12:00
Subject to regulatory approval, Tokio Marine will acquire a 22.5% stake in Hollard South Africa and Hollard International for approximately R5 billion, fulfilling Hollard’s long-held goal of partnering with a major international insurance group.
MIGA seeks to grow investments and partnerships in Kenya and Rwanda
05-09-2018 | 09:32:00
S.Vijay Iyer, Vice President and Chief Operating Officer of the Multilateral Investment Guarantee Agency, MIGA, the political risk insurance arm of the World Bank Group – is set to visit Kenya and Rwanda.
Africa’s insurance industry poised for further growth – PwC survey
04-09-2018 | 07:28:00
Despite the additional pressures of unrelenting regulatory and insurance accounting changes, and the huge costs associated with the changes, there are some positive developments and opportunities for growth.
S&P affirms African Trade Insurance Agency credit rating on expansion
30-08-2018 | 08:29:15
After its recently concluded annual review of the African Trade Insurance Agency (ATI), S&P Global Ratings has affirmed the company’s ‘A’ for Financial Strength and Counterparty Credit as well as its “Stable’ outlook.
Uganda, China agree on road, camera projects worth $2.45bn
02-08-2018 | 10:22:00
President Yoweri Museveni has said that a number of Government of Uganda funded contracts worth $2.4bn have been given to Chinese companies especially on roads and recently security cameras worth $120 million.
[Nigeria Business Week] Towards self-dependence, reduced importation
27-07-2018 | 12:34:00
As industries grow, so does the job market, consumer satisfation and investor confidence. Nigeria is gaining a reputation as fertile ground for both business expansion and takeoff point for startups.
Uganda de-risks renewables under new German, ATI-backed initiative
27-07-2018 | 09:31:00
Uganda has become the first African country to sign an agreement with the Regional Liquidity Support Facility, a joint initiative of the African Trade Insurance Agency, a Pan-African and multilateral guarantor and KfW with funding from German Ministry of Economic Cooperation and Development.
Allianz Group completes acquisition of Ensure Insurance in Nigeria
26-07-2018 | 09:47:00
Allianz Group has announced the completion of the acquisition of 99.03 percent of the shares in Nigerian insurer Ensure Insurance from its core shareholder Greenoaks Global Holdings.
[Kenya Business Week] Towards affordable housing
19-07-2018 | 10:44:45
As Kenya aims for mid- level economic status it has set targets it hopes will propel it to this dream.
[Kenya] GreenTec Capital invests in Bismart, insure-tech startup
16-07-2018 | 09:01:53
GreenTec Capital has announced its investment into Bismart Insurance from Kenya. Leveraging on cutting edge technology, the company provides a digital interface to offer insurance products and services across Africa.
[Nigeria Business Week] Ensuring co-operation and diligence in trade
13-07-2018 | 10:46:25
There is no shortage of opinions with regards to what needs to be done to improve economies of Africa. Experts from diverse fields advocate for different solutions, some tailored to fit their field interests, others seeming to stem from a place of general betterment.
To drive investment growth, Nigeria needs to de-risk economy, ATI
13-07-2018 | 06:02:00
The African Trade Insurance Agency (ATI) has urged Nigeria and other countries to focus on de-risking their economies to drive future investment growth.
ATI to pay first dividends to African member governments
11-07-2018 | 06:17:50
In a much anticipated announcement, the African Trade Insurance Agency (ATI) , declared that its General Assembly had approved the first ever payments to shareholders.
[Egypt] A.M. Best affirms credit ratings of Arab Misr Insurance
10-07-2018 | 08:42:00
A.M. Best has affirmed the Financial Strength Rating of B++, Good and the Long-Term Issuer Credit Rating of “bbb” of Arab Misr Insurance Group S.A.E., gig-Egypt.
International lenders warn on capacity constraints in Africa
29-06-2018 | 06:49:23
Global and African financial heads identified country risk as the biggest challenge to their ability to lend more to African countries.
[Kenya] Nzomo Mutuku appointed CEO of Retirement Benefits Authority
14-06-2018 | 10:43:00
Kenya’s Retirement Authority has appointed Mr. Nzomo Mutuku as the Chief Executive Officer of the Authority.
[Nigeria Business Week] Collaborations birth opportunities
08-06-2018 | 09:20:00
The forming and maintaining of strategic, mutually beneficial partnerships is pertinent to the development of any economy, especially a growing one like Nigeria.
[Nigeria] NSIA Insurance gets ISO certification
05-06-2018 | 09:04:59
NSIA Insurance Limited has been awarded ISO 9001:2015 Certification by the Standards Organisation of Nigeria, the representative of the International Organisation for Standardisation (ISO) in Nigeria.
African Trade Insurance eyes expanded role across Africa
05-06-2018 | 06:04:00
African Trade Insurance (ATI) has announced 6th consecutive year of profit to $9.9 million in Net Profit for the year ending December 2017.
[Kenya Business Week] Towards sustainable businesses, public private partnerships and courts to the rescue
24-05-2018 | 09:38:00
Kenya’s business landscape has this week continued to register mixed fortunes with key sectors, including banking, agribusiness, horticulture and insurance featuring prominently.
[Kenya] AfricInvest acquires 14.3 per cent stake in Britam
23-05-2018 | 13:22:00
Private equity fund AfricInvest has officially become a shareholder in diversified financial services company Britam after acquiring a 14.3 per cent stake.
[South Africa] OUTsurance enters funeral cover market, offering greater flexibility
14-05-2018 | 12:48:00
OUTsurance Life is to add funeral cover to its current offering. According to Danie Matthee, CEO of OUTsurance, the new product which will become available next month will meet customer demand in South Africa for a dignified funeral, while offering much greater flexibility for policy holders.
Hollard Life Namibia contracts Silverbridge to implement realtime analytics
14-05-2018 | 10:05:00
Hollard Namibia has contracted SilverBridge Holdings to implement a Microsoft-based business intelligence (BI) solution and enable it to extract meaningful insights from its data to help drive business strategy.
[South Africa] Life Insurance Industry needs a market leader in customer satisfaction - SAcsi
10-05-2018 | 08:13:20
The latest South African Customer Satisfaction Index (SAcsi) for Life Insurance Companies in 2017, conducted by Consulta, reveals that Metropolitan’s customers are still the most satisfied with their service.
Insurtech is transforming a staid South African insurance industry, says Dominique Collett
08-05-2018 | 10:22:00
“Insurtech has gained momentum over the last two years in South Africa. It was initially seen as a major threat by insurance companies, but now insurers are taking a far more proactive approach to seizing opportunities in this space and are starting to collaborate with startups."
Insurtech is transforming a staid South African insurance industry, says Dominique Collett
08-05-2018 | 08:10:00
“Insurtech has gained momentum over the last two years in South Africa. It was initially seen as a major threat by insurance companies, but now insurers are taking a far more proactive approach to seize opportunities in this space and are starting to collaborate with startups."
[Egypt] Lockton Middle East and North Africa continues expansion with new Cairo office
01-05-2018 | 12:49:45
Lockton Middle East and North Africa has continued the expansion of its regional footprint with the launch of its new Cairo office as the business looks to take advantage of the strengthening Egyptian economy.
[Column] Christian Mahncke: South Africa continues to tippy-toe into the cloud
30-04-2018 | 09:29:00
Research shows that 93% of South African companies are developing a cloud strategy, and are either in the implementation stage, or in the planning stage, of their cloud journey.
Dr. Yohannes Birru appointed chairman of Africa Trade Insurance Agency
26-04-2018 | 06:15:12
The Board of Directors of the African Trade Insurance Agency has elected Dr. Yohannes Ayalew Birru as their new Chairman.
[Column] Ashok Shah: Digital trends driving insurance in Africa
24-04-2018 | 11:04:00
The past few months have seen digital becoming more integrated with industry sectors across Africa. But it is the data-rich environment of insurance that has especially benefitted from this with several trends emerging that impact on the effectiveness of its delivery in the continent.
[Kenya] Britam launches unit-linked investment product
11-04-2018 | 13:32:00
Britam has launched a unit-linked investment product which offers customers the opportunity to earn high returns while providing them with life insurance protection cover.
[South Africa] Startup Naked Insurance launches today with an AI-based car insurance offering
10-04-2018 | 10:35:00
Insurance startup Naked launches today with an AI-based car insurance offering. Rebuilt for social good, the new product puts customers in control of their insurance and saves them money.
[Kenya] Britam’s comprehensive income grows by to $19 million
27-03-2018 | 13:28:44
Britam Holdings Plc total comprehensive income grew by 143 % to Shs 1. 9 billion in 2017, up from Shs 784.7 million in 2016.
[Column] Ashok Shah: Capitalising on new insurance opportunities in East Africa
15-03-2018 | 12:01:00
Consolidation is taking place in the East African insurance market due to rising capital requirements and mergers with international firms that want to gain a foothold in the region. Ashok Shah, Group CEO of APA Apollo examines the opportunities this brings.
Saham Group now a pan African investment fund, sells insurance business to Sanlam
13-03-2018 | 10:03:00
Sanlam, SAHAM’s partner since February 2016, will increase its stake in the capital of SAHAM Group’s insurance subsidiary, from 46.6 per cent to 100 per cent, according to the terms of an agreement recently reached.
OPIC commitments to power Africa hits $2.4 billion
06-03-2018 | 06:29:54
The Overseas Private Investment Corporation says it has committed $2.4 billion to date to the U.S. Power Africa initiative to harness the resources of the private sector to bring more electricity to Africa.