Kenya’s largest telecommunications company, Safaricom Plc has acquired an insurance license ending a four year wait as part of its product diversification strategy. Peter Ndegwa, Safaricom’s chief executive officer (CEO) disclosed during the telco’s half year earnings call that it had secured the permit from the Insurance Regulatory Authority (IRA).”We have revamped our wealth proposition…...
Trending
- EBID honoured for outstanding sustainable project financing at the Sustainable Finance Awards 2026
- You Are Outside Nigeria and Want to Invest in the Dangote Refinery IPO: Here Is the Guide
- Morocco: CDG Invest Growth enters the capital of Little Mamma Group
- Liberia: Jewel Howard-Taylor regains freedom under judicial supervision following George Weah’s eventful visit to the prison
- Senegal: IMF, PTDS, the stakes and challenges of a new start
- Administered or liberalized cocoa: Cameroonian farmers savor
- Ivory Coast: FMO grants 20 million euros to Ivory Cocoa Products
- Kenya Airways: Habil Waswani appointed interim CEO
Safaricom acquires insurance license after four year wait
Muthoga Mungania
Muthoga Mungania is an award-winning, Nairobi-based multimedia journalist covering economic, corporate, financial, tech and investor relations matters among other business stories. Muthoga is seasoned in data and market analysis, corporate finance, and economic trends, making them a trusted voice in East African business journalism, communications and consultancy.
Add A Comment
About us
Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
Contact us: redaction@financialafrik.com