Africa
Kenya targets Islamic sukuk in financial services push
Kenya has unveiled a new body dedicated to promoting its fledgling Islamic finance industry, as part of a wider strategy to position itself as an International Finance Centre (IFC).
South African IFA Carrick Wealth moves into Botswana
South African advisory firm Carrick Wealth has opened a new office in Botswana as part of a wider expansion across the continent, the firm has revealed.
Concerns raised over plans to create Kenyan super regulator
Kenya’s financial services industry has raised concerns over plans announced by the country’s government earlier this year to merge four supervisory authorities in order to create one super regulator.
Morocco’s Saham Finances buys Mauritian insurer Sun Insurance
Moroccan insurer Saham Finances has bought Mauritian insurer Sun Insurance for an undisclosed sum, the company has confirmed.
Major Sth African insurer targets international life markets
Provisca, the international distribution business launched in August by Nigel Watson and Bryan Low, has signed its first partnership agreement, opening up the products of South Africa’s third largest listed insurer to international markets.