Kenya: LeapFrog buys majority stake in Resolution Insurance. A George Soros and JP Morgan- backed private equity firm, LeapFrog Investments, has bought a majority stake in Kenyan insurer Resolution. The two firms on Thursday announced the deal is valued at $18.64 million. Resolution is a general insurer with operations in Kenya, East Africa's biggest economy, and in neighbouring Tanzania as well as a partnership in the Ugandan market. Leapfrog, which focuses on Africa and Asia, sold its stake in Kenyan insurance group Apollo to Swiss Re last month. There has been a flurry of deals in the Kenyan insurance industry in recent months as firms race to get a bigger share of a sector of the market posting double-digit annual growth rates.
Insurance executives say the life insurance market is expanding at 20 percent per year. The deal follows the acquisition earlier this year of Real Insurance by local insurance and asset management firm British-American Investments. The sector's potential has also attracted the likes of British firm Prudential Plc. Askia Management, un fonds pour les start-up francophones. François Scolan (g.) et Gilles Nembe (d.), les deux fondateurs de Askia Management Partners. DR François Scolan, vétéran du capital-risque francophone, et Gilles Nembe, un ancien de Cisco et de Viadeo, ont lancé Askia Management Partners, une société d'investissement dédiée aux start-up d'Afrique francophone. Ils cherchent à lever 100 millions d'euros. C'est inédit en Afrique francophone. Le Français François Scolan, vétéran du capital-risque hexagonal (il a passé vingt ans chez Innovacom, qui a investi plus de 1 milliard d'euros dans plusieurs centaines de start-up technologiques), et le Gabonais Gilles Nembe, ancien responsable de Cisco et de Viadeo pour les marchés émergents, lancent Askia Management Partners, un fonds consacré aux start-up.
Leur objectif ? Lever 100 millions d'euros, avec un premier closing de 40 millions d'euros "le plus rapidement possible". Lire aussi : Pays francophones. About Us | EFL Entrepreneurial Finance Lab. Call to all African women and men innovators! - France-Diplomatie. Tech4Africa 2013 | Tech4Africa is the premier mobile, web & emerging technology conference, bringing global perspective to the African context. Home - Team Web Site. ^ back to top Toyosi KolawoleNigeria Toyosi Kolawole is the Chief Executive Officer of Audeo Energy Ltd, a company that trades in petroleum products and offers haulage and consulting services within the Oil and Gas Industry. Prior to starting Audeo, she was Co-Founder/Principal Consultant of Integrated Business Strategies, a management consulting firm based in Lagos, where she worked with entrepreneurs and investors providing new ventures development and financial advisory services, and with established organizations offering strategy and operations consulting services.
Toyosi was also an Executive Director within the MRS Group, one of the largest Oil and Gas trading companies in Nigeria. She has worked as a management consultant at A.T. Kearney in the U.S., and at Guaranty Trust Bank, one of Nigeria’s foremost banks. Toyosi is passionate about learning, and actively works to mentor and instil a learning culture in young people. Bright SimonsGhana Bright B. . ^ back to top Mont Fleur Faculty.