Insurance Distribution Channels are revolutionizing the industry in Africa, particularly in Sub Saharan regions, where insurers are keen on deepening insurance penetration amidst the continent’s promising trends. Overcoming the challenge of convincing African consumers to invest in non-compulsory insurance products, insurers are innovating with new distribution models tailored to the unique African market.
Private equity seems to hold the African growth promise. Amid the sluggish economy and the lengthy deleveraging process that the developed countries have been going through, Africa is rising as a fertile, promising, and untapped playground for foreign investments. Investors are shifting gears towards the black continent, not only to diversify away from a slowing […]
With a total market of approximately 80 million consumers, the West African market is attracting more and more investments every day. According to the IMF, annual growth rate will be around 6 percent for sub-Saharan countries, while for McKinsey, overall African GDP will reach 2600 billion dollars in the next decade. The European crisis led […]
Working on Infomineo‘s expansion plan, I had the occasion to make a business trip to Egypt recently and wanted to share a few impressions. First of all, if I hadn’t known about the recent political events I would probably not have noticed anything. The city is roaring, people are busy and you don’t see protesters […]
The African continent is often considered as a place of great opportunities for mining resources. But, figures show a different reality: the African continent accounts for 5.5% of the world total production in 2011[1], behind Asia (58.2%), Northern Americas (14.5%), Europe (9.9%) and Southern Americas (7.0%) and close to Australia (4.9%). This apparent contradiction is […]
As we saw in the previous article, Africa has considerable agricultural potential in terms of lands but doesn’t take full advantage of it because of its lack of means. On other continents, the situation is in the opposite direction as the developed regions of the world started to run out of agricultural resources for various […]
The Moroccan insurance market realized an interesting jump during the last 5 years. In 2012, the industry totalized MAD 26 billion of premiums vs. MAD 19.7bn in 2008 which represents a CAGR of 7.14%. The penetration rate (premiums/GDP) of the industry remains low compared with the world average of 7% even if it grew from […]
Once famous only for its abundant natural resources, Africa is gradually becoming a growing pool of qualified human resources. From the African diaspora looking to come back to seize opportunities in home countries to locally educated talent, the continent is now offering recruiters a bigger pool to choose from. Needless to say, this hasn’t always […]
The West African banking system is characterized by two (2) main banking markets. On one hand the UMOA zone ( West African Monetary Union ) having a common currency for the West African CFA franc (XOF ) and regulated by the Central Bank of the States of West Africa (BCEAO) . On the other hand, […]
Africa has the second largest agriculture potential in the world in term of land area. But it also has one of the largest populations, Agriculture employs more than 60% of it and accounts for 32% of the African GDP, but the continent is sometimes accused of producing “cash crops” while it is still suffering from […]
