- Dealing with the Insider Threat
- Turbulent economic conditions fail to deter interests in the African reinsurance markets
- Growth in Sub Saharan Africa - five key metrics you can't ignore
- South Sudan's peace deal hangs in the balance
- Who is the boss? Successfully understanding money, power and politics to enhance business operations and profitability
- Ten Tips for Effective Crisis Management Planning
- Ghana's currency risk to persist despite change in central bank leadership
- 6 reasons to invest in Africa
- Lessons in entrepreneurship, from two of Africa's most successful business leaders
- Africa's digital revolution: a look at the technologies, trends and people driving it
- The struggle for survival
- Corporate reputation: It certainly matters
- Costs of Company-Community Conflict
- Regulation in Africa - a barrier to growth
- The need for enterprise resilience has never been greater - five ways companies operating in Africa can deliver
- Buhari's controversial decision to appoint himself petroleum minister could halt reform
- Burkina Faso 'B-/B' ratings affirmed, despite political volatility; outlook remains stable
- What's in it for me? Personalities, enticements and party loyalties in Tanzania's 2015 elections
- A costly stay at the Darkhotel
- The danger lurking in the lobby: Cyber risk and business travel
- Political turmoil in Burkino Faso causing disruption and escalating security risk
- South Sudan - Peace deal signed, but ongoing security challenges undermine economic outlook
- Zambia - Continued economic headwinds will complicate the ruling party's campaign for 2016 election
- Ivory Coast - Investors will be watching October 2015 for a repeat of 2010 electoral violence
- Entrepreneurship and innovation in Kenya - Inside east Africa's technology hub
- Cyber Security and the Power Sector in Africa
- Chinese investments into Africa - the African perspective
The skills risk cannot be underestimated, according to the east African risk management community, as businesses face challenges in finding the right people for the right jobs.
A major claim related to a leak at an oil installation in Ghana is set to send shockwaves through the local market and raise questions about the sustainability of local carriers.
Overall, 2015 proved to be a challenging year for Africa’s reinsurance markets, according to a new report from AM Best, which says the challenges come at a time when the regulators across the continent are looking to move towards a Solvency II approach of risk-based supervision.
Using reinsurance to free up capital to meet insurance regulator demands for increased capitalisation is likely to become a useful tool for insurers operating across the continent.
Rollout of the new Africa passport has continued as more African leaders start to receive the new document, designed to give all Africans free movement across the continent.
After months of negative stories, insurers and reinsurers in Mozambique say the country is getting back on its feet and is set to resume its growth pattern.
Mobiles driving change, Mauritius in London promotion, Microinsurance challenges, Solution expansion and New face at Chubb.
More good news this month comes from McKinsey in a new report summing up the state of Africa, in which it remains optimistic about the future. The World Economic Forum, however, is not quite so bullish in its new competitive index.
International Finance Corporation (IFC), a member of the World Bank, has launched a programme to raise $5bn from global institutional investors to modernise infrastructure in emerging markets for the next five years, opening up a new stream of capital flows to improve power, water, transportation and telecommunications systems in developing countries.
Sovereign debt levels and debt servicing costs have risen in Sub Saharan Africa (SSA) in recent years and will continue to do so in 2016 and 2017, Fitch Ratings has warned.
Sub Saharan Africa’s competitiveness has slightly weakened year on year, mainly as a consequence of deteriorating macroeconomic environments across the region, according to the Global Competitiveness Report 2016-2017 from the World Economic Forum (WEF).
Up to $10bn of investment by 2019 could be made by the African Development Bank to Nigeria, after the bank’s president Dr Akinwumi Adesina met with Nigerian vice president Yemi Osinbajo.
Doom-mongers may have written Africa off because of the slowdown in China, but not everyone is pessimistic. A new report from McKinsey Global Institute reveals Africa has plenty of potential ripe for the picking.
Earlier this year, the Risk Managers Association of Nigeria (Riman) launched the first locally-based exams for risk managers – building on best practices from internationally set exams, while adding a uniquely Nigerian flavour to ensure the exams were fit for the local market. After a number of candidates successfully completed that first exam, Riman awarded a prize for Outstanding Performance in Stage 1 of its Certified Risk Manager Certification Exam to risk manager Adebayo Famakinwa, who works in banking supervision for the Central Bank of Nigeria. Liz Booth had a chat with him.
The global slump in oil prices has had negative effects on oil producers, including those in west Africa where Nigeria, the region’s oil leader, has slipped into recession as revenue slumps. But the recent crude rally to $50 per barrel has given the regional market a dose of optimism. Prince Cookey asks: will it last?
Steve Mbogo looks at the oil and gas picture across east Africa.
Botswana is among five Sub Saharan African (SSA) economies that improved their Global Competitiveness Index rankings by three to six positions and their scores by 2% or more, according to the World Economic Forum’s Global Competitiveness Report (GCR) 2015/2016. The country climbed five places to 64th (out of 138 global participants), thanks to year-on-year improvements in infrastructure, higher education and goods market efficiency.
Risk Frontiers – East Africa returned to Nairobi for its third annual event and, as Steve Mbogo reports, discovered risk management on the rise.
A fast changing world is keeping risk managers on their toes, as those attending the Institute of Risk Management South Africa’s annual conference in Johannesburg heard from many of the speakers.
The customer is king was the overriding message from the 21st African Reinsurance Forum, held in Dakar by the African Insurance Organisation, which welcomed some 350 delegates from around 20 countries.
The continent’s reinsurance markets are expected to benefit from strong underlying growth, driven by an expansion of its primary markets with insurance premiums of $64bn, according to the first Africa Reinsurance Pulse, launched at the 21st African Reinsurance Forum in Dakar, Senegal.
Many African reinsurers see technology as the way to open up previously untapped insurance markets across Africa.
In many emerging markets insurance can play a vital role in supporting a fledging economy but, even in 2016, many people simply have yet to discover insurance, let alone understand its benefits. However, an ambitious project aims to change that.
The Tanzanian government is preparing a new insurance act that should come into force next year, spelling major change for the whole sector. Liz Booth reports from the second annual Tanzania Insurance Brokers Association conference.
East Africa stands on the brink of massive change and offers some unique opportunities for investors, both local and foreign, but the insurance market must take a leap into the future if it is to benefit from the opportunities ahead, delegates were told at the Tanzania Insurance Brokers Association’s second annual conference.