Orient Bank has become the eighth financial institution in Uganda to offer insurance policies to their customers and the public through Bancassurance after acquiring a license from Insurance Regulatory Authority (IRA) . It joins dfcu, Barclays, NC bank, Diamond Trust bank, Stanbic, Bank of Africa and Finance Trust in this now seemingly attractive business. This […]
Category: Insurance
Global Investor ACTIS takes majority stake in Nigerian pension firm Sigma
Lagos — ACTIS, a global pan-emerging markets investor, has acquired a majority stake in Sigma Pensions in a transaction valued at US$62 million. Sigma is a leading pension fund administrator (PFA) in Nigeria. Natalie Kolbe, Partner at Actis, said building on their extensive experience in the asset management and distribution sector, they were excited to […]