Challenges facing Africa’s Insurance Sector [Business Africa]

Challenges facing Africa’s Insurance Sector [Business Africa]

*Africa’s insurance sector is facing modernization and innovation challenges. Current penetration rate in the entire continent stands at 3%.*

Insurance, insurance contract, claims, services. What role does insurance play in Africa?

What can be done to modernize the African insurance sector and make it more reliable for greater penetration of the continental market?


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Tecla Chandata