Daily Archives: May 27, 2016
SIC Insurance Company, is one of Ghana’s leading insurance company. The management of the company has announced that it is putting down strategic initiatives to reduce the frequency of disasters and damage that is prone to their customers during these period.
General Electric leads the creation of a joint venture with Mara Group and Atlas Merchant Capital to benefit African infrastructure
General Electric (NYSE: GE) (www.GE.com) together with the Mara Group and Atlas Merchant Capital are leading an initiative to create a joint venture dedicated to investing in the highly underdeveloped African infrastructure sector. The joint venture will seek to invest in infrastructure equity projects in selected countries throughout Africa.
As growth in developed markets such as Europe, China and North Africa continue to stagnate, greater regional integration in Africa, amongst all role players, is needed to capitalize on the continent’s growth potential. This is according to Hennie Heymans, CEO of DHL Express Sub-Saharan Africa (http://www.DHL.com), who says that when comparing intra-regional trade statistics, Africa’s rates are amongst the lowest in the world, with less than 20% of what is produced in the region, remaining on the continent.