When KPMG, the advisory company, held its inaugural East Africa Insurance Conference in February, organisers were surprised that more than 100 industry participants attended. James Norman, KPMG’s regional insurance head, was equally enthused when a similar number attended the launch of a report on the sector last week.
“There’s a real buzz about the sector […]
1. Start-ups leap into Africa’s informal economy
The African Development Bank estimates that 55% of sub-Saharan Africa’s economic activity is informal. That’s a massive commercial space without such services as business enterprise software, small business banking, affordable third-party logistics or internet access. Expect VC-backed start-ups to attempt scalable applications for nearly every corner of Africa’s […]
