Tag: M&A

Betting on consolidation of the insurance industry to increase product penetration

As of 2020, the insurance penetration rate in Kenya was at 2.17 percent, down from 2.34 percent in the preceding year. Kenya has maintained a descending trajectory since 2016, when the penetration rate was at 2.78 percent. Research conducted by the Insurance Regulatory Authority (IRA) has attributed the relatively lower level of insurance penetration in […]...

4 Mar 2022

A first for mobile digital lenders after Branch International acquires majority stake at Century Limited

On February 9, Branch International Limited acquired a majority stake in Century Microfinance Bank Limited effective January 1, 2022. This follows CBK’s approval on December 30, 2021, under Section ...

Tag: M&A

Betting on consolidation of the insurance industry to increase product penetration

More on Tag: M&A

A first for mobile digital lenders after Branch International acquires majority stake at Century Limited