Sub-Saharan Africa to grow at a slower rate this year, World Bank says

The economy of sub-Saharan Africa is seen growing more slowly this year than previously forecast, largely due to weak investment and productivity, the World Bank said on Wednesday. In a report, it forecast growth in the region to be 2.4 percent in 2017, down from the 2.6 percent that it projected in April. But growth… Continue reading Sub-Saharan Africa to grow at a slower rate this year, World Bank says

KPMG: Africa’s Insurance Market is a sleeping giant.

KPMG Head of Insurance for East Africa James Norman has described Africa’s hugely unexploited insurance market as a sleeping giant. According to him, there is a real buzz about the sector because of its plentiful or enormous opportunities. “There’s a real buzz about the sector because opportunities are immense,” he says. “There’s a young population,… Continue reading KPMG: Africa’s Insurance Market is a sleeping giant.

INSURANCE OPERATORS DEPLORE PLANS TO MOVE N164.7BN TO PENSION SECTOR

INSURANCE OPERATORS DEPLORE PLANS TO MOVE N164.7BN TO PENSION SECTOR       Life insurance operators in Nigeria may have to brace up to imminent liquidity challenges as they have to move over N164.7bn to the pension industry following a recent joint statement issued by regulators of the pension industry , the National Pension Commission… Continue reading INSURANCE OPERATORS DEPLORE PLANS TO MOVE N164.7BN TO PENSION SECTOR