Category: Governance
IDF report highlights need for insurance sector to harness technology
The Insurance Development Forum (IDF) has called for better use of technology to close the protection gap, in a move that would help African economies [...]
ESG: a question not of if but of when
Insurers and their insureds must incorporate ESG strategy throughout their company culture or run the risk of being left behind. The warning came as p [...]
ESG higher on agenda for financial institutions globally
Insurers should take note of an updated version of the Equator Principles (EPs), which promote an ESG agenda and will come into effect from July 2020, [...]
Zimbabwean insurers face higher capital requirements
Zimbabwe’s insurance regulators have joined others across the continent by significantly increasing capital requirements for insurance entities. The m [...]
Fair competition hard to achieve in emerging economies
A new report from US-based Consultative Group to Assist the Poor (CGAP) suggests digital financial services are often limited to one or two providers [...]
World Bank launches ESG investment portal
The World Bank has launched the Sovereign ESG Data Portal to provide users with sovereign-level environmental, social and governance (ESG) data to bet [...]
ATI promises deal will unlock investment into three west African states
The European Investment Bank (EIB) has formally agreed to support membership expansion of the African Trade Insurance Agency (ATI) with a concessional [...]
Smartphones to revolutionise credit scoring in Africa
Sub-Saharan Africa accounts for 45.6% of mobile money activity which is estimated at more than $1.3 billion per day globally.
One expert suggests t [...]
Private investment key to success in Cabo Verde
The World Bank Group’s Board of Executive Directors discussed a Country Partnership Framework (CPF) for Cabo Verde for the period 2020-2025, laying ou [...]
Africa set to build resilience through takaful insurance
Takaful insurance is set to play an even bigger role in building African insurance markets and increasing resilience, while reducing the protection ga [...]