Author: Joan Kitanga
African banks aiming to boost infrastructure lending
In what could be a boost to infrastructure lending across the continent, two of Africa’s leading banks have announced new deals.
The news comes aft [...]
Malawi receives US$11.2-million insurance payout after drought
The government of Malawi has received an insurance payout of US$11.2-million, to support the country’s recovery from a devastating drought arising fro [...]
Liberty, Sprout and Britam team up to launch coffee related parametric cover
Liberty Mutual Reinsurance (LM Re) has announced a partnership with insurtech firm Sprout and diversified financial services firm Britam as the local [...]
Mpox declared international emergency as cases rise in Africa
The upsurge of mpox in the Democratic Republic of the Congo (DRC) and a growing number of countries in Africa constitutes a public health emergency of [...]
Munich Re insurance revenue up in H1
Munich Re generated a net result of €1,623m (1,154m) in the second quarter of 2024 and €3,763m (2,425m) in the first six months of the year. Insurance [...]
ARC Ltd makes pay outs to Zambia and Zimbabwe
The governments of Zimbabwe and Zambia both recently received substantial payouts from ARC Ltd to help mitigate the impact of severe droughts sweeping [...]
Africa Re’s turnover crosses $1-billion for first time in 2023 results
Africa Re has reported a record US$1-billion turnover, crossing that threshold for the first time in 2023.
Speaking at the 46th annua [...]
Africa Re franchit pour la première fois le seuil du milliard de dollars de chiffre d’affaires
La Société Africaine de Réassurance (Africa Re), leader panafricain de la réassurance en Afrique et au Moyen-Orient, a tenu sa 46ème Assemblée Général [...]
Insurers must act on geopolitical risk, warns new report
Insurers must do more on geopolitical risk, warns a new report from Broadstone, which claims geopolitical risk is potentially the largest driver of ta [...]
WEF launches its 2024 technology report, with AI topping the list
The World Economic Forum’s latest Top 10 Emerging Technologies of 2024 report unveils a future teeming with possibilities.
A wider lens was employe [...]