Central Africa
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African Risk Capacity launches parametric cover for epidemic risks
African Risk Capacity (ARC), the mutual created by the African Union (AU) to help member states better prepare for and…
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Swedish oil executives charged with complicity with war crimes
The Swedish Prosecution Authority has charged the chairman and the former CEO of oil and gas company Lundin Energy with…
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Africa Specialty Risks launches Bermuda reinsurer
Africa Specialty Risks (ASR), the pan-African reinsurance group, has launched a licensed reinsurance entity in Bermuda. The fast-growing group will…
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Geopolitical risk outlook deteriorates in 2021 with threat of conflict highest for decades
The world will be more unstable, less cooperative and more prone to crises this year, with the risk of interstate…
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Congolese risk managers warned not to buy cover abroad
Congolese risk and insurance managers have been warned not to buy their insurance cover overseas, after the Insurance Regulatory and…
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Covid-19 increases corporate exposure to modern slavery, finds Maplecroft index
The economic fallout from Covid-19 will increase the risk of modern slavery seeping into supply chains, warned Verisk Maplecroft in…
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Emerging markets face ‘unparalleled’ civil unrest as pandemic takes toll, warns Maplecroft
Some 37 countries are at risk of major civil unrest before the end of 2020 as the economic fallout from…
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Brokerslink adds Congo Brazzaville intermediary
Intermediary network Brokerslink has added African business Gramon to its international chain. Brokerslink said the broker, based in Congo Brazzaville,…
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Global firms named in African mining lawsuit
Apple, Google, Tesla and Microsoft are reported to be among firms named in a lawsuit seeking damages over deaths and…
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IUMI calls for action on ‘alarming’ cargo theft risk
The International Union of Marine Insurance (IUMI) has called for greater law enforcement and business action to mitigate the growing…
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Business travel not restricted despite Ebola outbreak of ‘international concern’
The World Health Organisation (WHO) has declared the year-long outbreak of Ebola in the Democratic Republic of Congo (DRC) to…
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Global manufacturing supply chains failing to make progress on child labour risk, finds Verisk Maplecroft
Global manufacturing supply chains that operate through the world’s major hubs are making little or no progress in stamping out…
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Corruption index highlights risks in construction and energy sectors
Companies in the construction and development, infrastructure, and oil and gas sectors face the biggest challenge when it comes to…
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DRC liberalises insurance sector
After 50 years of state monopoly, the Democratic Republic of Congo (DRC) has liberalised its insurance sector. The country now…
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Risk of resource nationalism rises significantly in 30 countries, finds Verisk Maplecroft index
Investors face “significantly” higher risk of resource nationalism in 30 countries compared to last year, according to Verisk Maplecroft’s latest…
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Positive election results not necessarily a panacea
Opposition leader Felix Tshisekedi’s victory in the Democratic Republic of Congo’s presidential election appears to be a turning point for…
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Ebola outbreak poses wider risk
The latest Ebola outbreak in the Democratic Republic of the Congo (DRC) could pose a much broader threat as medics…
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Insurance regulation in Africa: CIMA – the benefits and challenges
Understanding changing insurance markets and regulatory developments is critical to making sure multinational programmes are compliant and competitive, no matter…
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Into Africa: how risk managers can use global programmes as part of their strategy in this fast-changing area
There has been an uptick in protectionism in the insurance markets of many African countries, with regulators imposing measures such…
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Work starts on dry port between DRC and Zambia
The risk of transporting goods between the Democratic Republic of the Congo (DRC) and Zambia is set to reduce as…