Insurance

From L-R: Equity Bank Uganda Executive Director, Claver Serumaga, Equity Group Chairman, Prof Isaac Macharia, Group Managing Director and CEO, Dr James Mwangi, and Equity Bank Uganda Managing Director, Gift Shoko, during the 2025 Investor Briefing event.
From L-R: Equity Bank Uganda Executive Director, Claver Serumaga, Equity Group Chairman, Prof Isaac Macharia, Group Managing Director and CEO, Dr James Mwangi, and Equity Bank Uganda Managing Director, Gift Shoko, during the 2025 Investor Briefing event.

Equity Group Posts Record 55% Surge in Profit to KSh75.5b: Uganda Bounces Back With 500% Growth in Net Profit – A Defining First Year for MD Gift Shoko

Equity Group Holdings has delivered one of the most remarkable financial performances in East Africa’s banking history, posting a 55% surge in profit after tax to KSh75.5 billion in FY2025, up from
March 18, 2026
Emmanuel Mwaka is the Chief Executive Officer of ICEA LION Life Assurance Uganda and Executive Director of ICEA LION Asset Management. For the past nine years, Mwaka has led with a blend of analytical rigor, disciplined governance, and deeply personal conviction about the power of risk protection.

Insurance Chose Me: Emmanuel Mwaka’s Journey from Curious Auditor to Industry Leader

Emmanuel Mwaka did not grow up dreaming of an insurance career. Instead, the industry found him, and he followed his curiosity into one of Uganda’s most complex and misunderstood sectors. Today, as
March 5, 2026
Mark Danckwerts (Left), Head of Insurance at KPMG One Africa and Pierre Fourie, KPMG One Africa Head of Financial Services. They believe AI provides an opportunity as well as a risk to financial service providers in Africa as elsewhere.

Financial Services CEOs Double Down on AI, Resilience and Strategic Growth in 2026 in KPMG Global Outlook

Financial services leaders across Africa are entering 2026 with renewed confidence, placing artificial intelligence (AI), cybersecurity, regulatory resilience and disciplined growth at the centre of their transformation agendas. This is according to
Camilla Mindiru, the Jubilee Life Insurance’s Marketing and Communications Manager. She tells her younger self, “Learn to prioritise. Learn to delegate. Learn to align your effort with what truly moves the business forward.”

Letter to My Younger Self: Camila Mindru—”Focus First. Be Brave. Lead With Heart.”

Jubilee Life Insurance’s Marketing and Communications Manager on clarity, courage, resilience, and redefining success beyond busyness. In the tricky world of insurance, where reputation is fragile and every message carries weight, marketing
December 18, 2025
Grace Muliisa speaking at the 47th OESAI Annual Conference at Speke Resort Munyonyo, sharing her vision for the future of customer experience in Africa’s insurance industry.
Grace Muliisa, Managing Director of Ecobank Uganda, delivers a keynote at the 47th OESAI Annual Conference in Munyonyo, calling on Africa’s insurers to redefine customer experience as a growth engine. She urged the industry to embrace digital transformation, data-driven personalisation, strategic partnerships, and inclusion to build trust and make insurance as simple and accessible as mobile money.

Ecobank’s Grace Muliisa Tells Africa’s Insurers: “Customer Experience Is Not a Cost — It’s Your Advantage”

“The future of insurance is not about policies and premiums. It is about experiences,” Grace Muliisa, Managing Director of Ecobank Uganda, told leading insurance industry players gathered at the 47th Organisation of
August 27, 2025
The Africa Venture Capital Association puts private equity investment in Africa’s firms at $1.9 billion between January and June 2025, a figure that mirrors last year’s volume.
The Africa Venture Capital Association puts private equity investment in Africa’s firms at $1.9 billion between January and June 2025, a figure that mirrors last year’s volume.

From Foreign to Local Investors: The New Face of Private Equity in Africa

For years, Africa’s private equity narrative has been shaped by global investors seeking yield in a fast-growing frontier market. But the first half of 2025 has quietly signaled a structural shift. A
August 27, 2025
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