Category archives for: Insurance

aYo Ghana Reaches 1.2 Million Subscriber Base Milestone with aYo Recharge with Care product

Accra, Ghana, June 24, 2019//-aYo Intermediaries Ghana Limited (, has announced that over 1 million subscribers are on its insurance product known as Recharge with Care, since the launch of the product in April 2018.

Ghana: People’s Pension Conference Slated for 19th February

  Accra, Ghana, January 29, 2019//- People’s Pension Trust Ghana Limited announced the official launch of its maiden International Pension Conference dubbed “People’s Pension Conference 2019”.

AFIG Funds Buys 29.9% Stake in NEM Insurance, Becomes Largest Shareholder

Lagos, Nigeria, January 18, 2019//-Advanced Finance and Investment Group (AFIG Funds), a leading African private equity fund manager through AFIG Fund II has acquired 29.9% stake in NEM Insurance Plc, a leading insurance group in Nigeria.

African Development Bank Supports Nigeria’s Membership in Trade Insurance Agency with $14.12M

Abidjan, Ivory Coast, January 8, 2019/ — The African Development Bank Group, through its Trade Finance operations, has approved a $14.12 million facility to support the Federal Republic of Nigeria’s membership in the African Trade Insurance Agency (ATI).

African Development Bank Unveils Landmark $500M Credit Insurance Deal with ATI, UK Reinsurers

London, United Kingdom, October 22, 2018// -The African Development Bank (AfDB) and African Trade Insurance Agency (ATI) announced the successful completion of a US$500 million credit insurance deal structured to cover a portion of the Bank’s portfolio of non-sovereign operations in Africa.

Survey: Africa’s Insurance Industry Poised for Further Growth

Johannesburg, South Africa, September 4, 2018/ — The opportunities for growth in Africa’s insurance industry are huge despite recent economic and political uncertainty.

Increasing India-Africa Trade Ties Remains a Priority

Nairobi, Kenya, August 16, 2018//  India marked its 72nd Independence day yesterday with a lot activities across the country and outside it. In 1947 Britain’s Parliament passed the India Independence Act freeing the country to determine its own future.

Briefly…on Capturing Emerging Dimensions of Risk and Return

July 31, 2018//-As head of Goldman Sachs Securities Division’s Americas Equity Structuring Group, Stacy Selig and her team apply a mix of quantitative, technical and problem-solving skills to create solutions for investors when there’s no readily available product on the market.

Rising Fraudulent Claims Erode East Africa’s Insurers Returns

June 19, 2018//-Shareholders of East Africa’s insurance firms are staring at reduced earnings this year due to the rising cases of fraud and premium undercutting by competitors.

Ghana Insurers Call for Promulgation of Marine Insurance Law

Accra, Ghana, June 15, 2018//-The Ghana Insurers Association (GIA) says it is working on a draft bill for the consideration of Parliament to help support the growth of marine insurance products and services.

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