Aon boosts M&A expertise for infrastructure clients

Aon boosts M&A expertise for infrastructure clients

Aon boosts M&A expertise for infrastructure clients

Aon has named Charlie Garrood as head of infrastructure M&A for the EMEA region. Mr Garrood joins Aon from PwC where he worked in corporate finance, advising clients on M&A and debt financing. Aon said the appointment will expand and deepen its M&A and transaction solutions service for infrastructure clients. “Infrastructure investors face unique challenges when executing M&A processes in…

Need for investment insurance to support African growth

Need for investment insurance to support African growth

Need for investment insurance to support African growth

The African Trade Insurance Agency (ATI) has urged Nigeria and other countries to focus on de-risking their economies to drive future investment growth. During its participation in Afreximbank’s 2018 Annual Meetings and 25th anniversary celebrations, Ade Ayeyemi, Ecobank’s Group CEO, warned that investors would run away from Africa unless adequate risk measures were put in place to address actual and…

Insurance has key role to play in PPP across Africa

Insurance has key role to play in PPP across Africa

Insurance has key role to play in PPP across Africa

Insurance should play a bigger role in enabling public-private partnerships (PPP) for major African infrastructure developments, according to a new report. How to conduct Public-Private Partnership and infrastructure transactions on the continent, produced by PPP expert Alexander Boadi, suggests insurers should consider partnering with the European Union (EU) as they plan to invest $40bn in Africa. The EU wants to…

New business rose across the world in 2017

New business rose across the world in 2017

New business rose across the world in 2017

New business grew across the world last year in almost all areas, according to the Berne Union. In its annual report,  launched this meeting at a meeting in Kenya, it reveals preliminary statistics which indicate that, as a result of favourable growth in global trade and GDP in 2017, Berne Union members reported an uptick in new business in almost…

European commercial rates fall despite first global increase for five years: Marsh

European commercial rates fall despite first global increase for five years: Marsh

European commercial rates fall despite first global increase for five years: Marsh

Global commercial insurance rates rose for the first time in five years during the last quarter of 2017, almost exclusively due to a rise in property premiums, according to Marsh’s Global Insurance Market Index. But while rates were up 0.9% in the UK, they fell by 1.1% on average in continental Europe despite the pace of decline slowing. Marsh said…

South Sudan becomes latest member country of ATI

South Sudan becomes latest member country of ATI

South Sudan becomes latest member country of ATI

South Sudan has now completed its membership of the African Trade Insurance Agency (ATI), while in his New Year message President Salva Kiir Mayardit emphasised the need to build a peaceful, prosperous, secure and stable country. With financial support from the African Development Bank (AfDB), South Sudan was able to complete its membership with an initial share capital subscription of…

Mercer opens new hub in Casablanca

Mercer opens new hub in Casablanca

Mercer opens new hub in Casablanca

Mercer, a consultant in health, wealth and career, is expanding its francophone Africa footprint. It has plans to strengthen service to the francophone region of Africa, through its new Casablanca Financial City hub in Morocco. Mercer, a wholly owned subsidiary of Marsh & McLennan, will bolster its health business and further penetrate the African market with wealth and career solutions.…

Country and sector risk reducing in Europe: Coface

Country and sector risk reducing in Europe: Coface

Country and sector risk reducing in Europe: Coface

Political and other risks are reducing in several European countries, Coface said in its worldwide country and sector risk analysis of the past quarter. Coface said the European region, particularly its emerging countries, is benefiting from a recovery in the global economy that has led to upgrades for the risk ratings of several countries including Hungary, Finland, Cyprus and Belarus.…

Comoros joins Afreximbank

Comoros joins Afreximbank

Comoros joins Afreximbank

Comoros has become the latest African state to join the African Export-Import Bank (Afreximbank). The bank said the decision takes it one step closer to full coverage of the African continent. Comoros activated its membership as Afreximbank’s 46th participating state on 12 September when Said Ali Said Chayhane, the minister of finance and budget, signed the instrument of accession to…

Expert insight essential for strong risk management

Expert insight essential for strong risk management

Expert insight essential for strong risk management

Tunisia and Morocco are set for economic growth this year, while Algeria and Egypt may suffer a decline, according to a new report from trade credit insurer Atradius The report analyses the political and economic situations of four north African countries, as well as ranking the performance of individual sectors within each and assessing their political and credit risk. Alun…

1 2 3 5