Apollo Investments (Kenya) News

Frank O’Neill, CEO, Swiss Re Middle East and Africa

World's second largest reinsurer Swiss Re in talks for Nigeria acquisition to tap African growth

Swiss Re AG, which has had an African presence for more than 60 years, said it’s in talks with Nigerian insurers to buy minority stakes and benefit from growth in the continent’s largest economy.

The Carlyle Group, the world’s second-largest manager of alternative investments, invested $147 million for an 18 percent stake in Nigeria's Diamond Bank.

South Africa losing buyout allure to fast-growing Sub-Saharan African rivals

South Africa is no longer the destination of choice for private equity investors seeking to tap returns on the continent.

Old Mutual Offices in Sandton, Johannesburg, South Africa

2014 has witnessed a spate of major insurance deals in sub-Saharan Africa

Following are some purchases or expansion plans by South African and European insurers in sub-Saharan Africa announced in the past three months.

Swiss Re's London Headquarters

Swiss Re buys stake in Kenya-based insurance group Apollo Investments

Switzerland’s Swiss Re expanded its pool of investments in Africa with a minority stake in Kenya-based insurance group Apollo Investments Limited, a spokeswoman for the reinsurer said on Wednesday.