{"id":470943,"date":"2021-04-30T13:12:21","date_gmt":"2021-04-30T13:12:21","guid":{"rendered":"https:\/\/www.kapitalafrik.com\/?p=470943"},"modified":"2021-04-30T13:12:21","modified_gmt":"2021-04-30T13:12:21","slug":"kenya-insurer-britam-to-conquer-africa","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2021\/04\/30\/kenya-insurer-britam-to-conquer-africa\/","title":{"rendered":"Kenya: insurer Britam to conquer Africa"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div><p>Kenyan insurer Britam Holdings has decided to make further acquisitions in Africa as part of its growth strategy, internal sources reported on Thursday (April 29th). However, the structure did not disclose its timeline for planned geographic expansion or targeted markets and estimated capital investments.<\/p>\n<p>\u201cWe have the ambition to grow beyond our current footprint. We will be looking at all options by coming up with new products or looking at potential new markets, \u201dBritam CEO Tavaziva Madzinga said in an investor briefing on Thursday. The official added that the company has many opportunities for expansion with potential mergers and acquisitions.<\/p>\n<p>Meanwhile, the insurer has revealed that it is also seeking to diversify its investments in infrastructure projects. The move comes after the pension benefits authority authorized Kenyan pension funds to invest up to 10% of their assets in infrastructure projects through public-private partnerships.<\/p>\n<p>As a reminder, the company operates asset management, pensions, life and general insurance activities in 7 African countries namely Kenya, Uganda, South Sudan, Rwanda, Tanzania, Mozambique and Malawi.<\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>Kenyan insurer Britam Holdings has decided to make further acquisitions in Africa as part of its growth strategy, internal sources reported on Thursday (April 29th). However, the structure did not disclose its timeline for planned geographic expansion or targeted markets and estimated capital investments. \u201cWe have the ambition to grow beyond our current footprint. We<\/p>\n","protected":false},"author":536116,"featured_media":470944,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[16158,12000,11996,16200],"tags":[12322,18070,18071,53,18072],"class_list":["post-470943","post","type-post","status-publish","format-aside","has-post-thumbnail","category-bank","category-banks-insurance","category-finance-en","category-insurance","tag-africa-en","tag-britam","tag-conquer","tag-kenya","tag-kenyan-insurer-britam","post_format-post-format-aside","pmpro-has-access"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Kenya: insurer Britam to conquer Africa - Financial Afrik<\/title>\n<meta name=\"description\" content=\"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, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. We aspire to neutrality, but we assume our subjectivity\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.financialafrik.com\/en\/2021\/04\/30\/kenya-insurer-britam-to-conquer-africa\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kenya: insurer Britam to conquer Africa\" \/>\n<meta property=\"og:description\" content=\"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, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. 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