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Press Release: Vantage Capital Signs a €30 Million Deal with Promamec
This investment will enable Promamec to finance its development plan that involves strengthening its positioning in sub-Saharan Africa.
- Categories
- Health Care, Investing
- Region
- Sub-Saharan Africa
- Tags
- insurance
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aYo Launches Affordable Microinsurance in Cameroon
African insurtech aYo Holdings has launched its operations in Cameroon with innovative insurance products that offer local consumers affordable accident and death cover.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Analysis: Heat Last Year, Untimely Rains This Year: India’s Wheat Crop Takes a Hit Again
Devinder Sharma believes the existing crop insurance scheme has been designed to benefit the private insurance companies rather than the farmers.
- Categories
- Agriculture, Environment, Technology
- Region
- Asia Pacific
- Tags
- agtech, climate change, data, impact measurement, insurance, scale
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Forget about Mobile Money, Invest in Insurtech Instead: The Untapped Triple Bottom Line Opportunity in Nigeria
Nigeria has one of the lowest insurance penetration rates in the world, at just 0.5%. But as Brian Yu at Shecluded explains, this low uptake means the industry is poised for disruption and growth. He explores how insurtech innovators are addressing the key problems plaguing the sector — namely, a lack of accessibility, affordability and customer trust — and calls for funders to look past their traditional focus on mobile money and invest in the insurtech businesses that are transforming the way the industry serves low-income customers.
- Categories
- Finance, Investing, Technology
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Faulu Microfinance Bank Targets Farmers with Sh1.5 Billion Loan in Kenya
Rising input prices, climate change and limited market access have left farmers struggling to meet planting expenses.
- Categories
- Agriculture, Environment, Finance
- Region
- Sub-Saharan Africa
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South Africa’s Guardrisk Has $2.8 Million to Invest in Innovative Insurtech Solutions
South African cell captive insurance provider Guardrisk is looking for innovative insurtech startups to back via its ZAR50 million (US$2.8 million) LAUNCHPAD initiative.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- innovation, insurance, partnerships, startups
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South African InsurTech Naked Secures $17 Million
Naked, a South African AI-driven InsurTech company offering car and home insurance, has raised $17m in Series B funding.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Egyptian Health Tech Yodawy Raises $16 Million, Backed by Delivery Hero Ventures
Yodawy’s platform allows insurance companies and hospitals to automate approvals, save costs and improve customer experience.
- Categories
- Health Care
- Region
- North Africa & Near East
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