Rethinking Premiums South Africa’s Ongeza seeks funding for life-insurance expansion Ongeza Life, pioneer of a whole life insurance product that provides cover even if regular premiums cannot be paid, is seeking funding to expand, ... CEO Patrick Ndururi tells The Africa Report.
Scaling Up Kenya’s crowded banking sector is ripe for consolidation, analysts say A raft of small, undercapitalised operators in a market dominated by the main players creates a recipe for consolidation in Kenyan banking, analysts ... say.
firing line DRC: Zoe Kabila has been removed as governor of Tanganyika Zoe Kabila, the younger brother of DRC’s former president Joseph Kabila, was stripped of his title as governor of the Tanganyika Province, ... in Katanga by the province’s assembly. Unlike his 25 counterparts, he refused to join President Félix Tshisekedi's “Union Sacrée” political alliance, which is aimed at weakening former president Kabila.
Covid-19 fears Coronavirus explosion in India complicates Africa vaccine roll out “Frankly, until the beginning of this year, we lived as if the virus did not exist,” says a French woman living in Delhi. “Everything changed ... between late March and early April.”
FLAVOUR OF PROGRESS South Africa : Starbucks aims to become a habit ‘rather than destination’ says CEO Maizey Starbucks South Africa CEO Adrian Maizey speaks to The Africa Report, revealing what is brewing on the horizon for Southern Africa and the percolating ... prospects for the rest of the continent.
building up Africa: MTN, MMH micro-insurance venture plans expansion, CEO says aYo Holdings, a micro-insurance joint venture between MTN and Momentum Metropolitan Holdings (MMH), is planning to expand to other African countries, ... CEO Marius Botha tells The Africa Report.
Project deadlock Guinea/China: Negotiations turn complicated over Simandou iron ore project Guinea’s Simandou iron ore project was awarded to the WCS Chinese-Singaporean-Guinean consortium in November 2019. However, negotiations between ... partners have been dragging on.
Debt Traps Kenya’s digital lending bill points the way for African regulation Plans by Kenya to regulate digital lending highlight the need for supervision of the growth of loan platforms in Africa. ...
shots in arms US backs waiver of patents on Covid vaccines after historic policy shift US trade representative Katherine Tai’s support for a waiver of intellectual-property protections for Covid-19 vaccines is a bold foreign policy ... move by President Joe Biden's administration and an early tactical win by Ngozi Okonjo-Iweala, new director-general of the World Trade Organisation (WTO).
New course Kenya/Tanzania: Kenyatta and Hassan agree to reset diplomatic & trade ties During the first visit by Tanzania's new President Samia Suluhu Hassan to Kenya, she and her counterpart President Uhuru Kenyatta pledged to ... reset diplomatic and trade relations that were strained under Tanzania's late president John P. Magufuli.
