News From Africa

Africa: Kenya’s Lami Raises $1.8m To Scale API Insurance Platform Across Africa


Africa’s insurance market stands at a 3% penetration rate, per a McKinsey study in 2018 comparing six insurance regions on the continent. If the South African market is excluded, this number drops to a measly 1.12%.

Unlike other parts of the world, most African insurance providers neglect the importance of tailored and affordable insurance products to the average African consumer. Lami Technologies, a startup out of Kenya armed with $1.8 million in seed money, is looking to change that.

Read the full story on TechCrunch.

Africa: Director-General’s Opening Remarks At The Promoting Urban Governance For Health And Wellbeing Mayors’ Meeting

Previous article

Africa: Global Shortage Of 900,000 Midwives Threatens Lives And Health – Report

Next article

You may also like


Leave a Reply