Greenback Craving

Africa Re may demand more dollar payments to reduce currency risks, CEO says

By David Whitehouse

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Posted on August 2, 2023 04:00

afretwo © Africa Reinsurance CEO Corneille Karekezi. Photo supplied. — Africa Reinsurance CEO Corneille Karekezi. Photo supplied.

The company has already imposed dollar pricing on risks in Sudan. Will it do the same in other countries?

Africa Reinsurance may extend the use of dollar pricing for cover to reduce local currency risks, CEO Corneille Karekezi tells The Africa Report.

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