Top stories
ESG & SustainabilityInternational Women’s Day | 4 South African women included in KFC's Africa female firsts
3 days
Marketing & MediaMoshoeshoe Monare appointed group head of Corporate Affairs at Primedia
Primedia Broadcasting 4 Mar 2026
Trending
Subscribe & Follow
Advertise your job vacancies
Allianz and Sanlam to create Africa joint venture
Germany's Allianz and South Africa's Sanlam have agreed to combine operations across Africa.
Source: Reuters.
Sanlam last year disclosed it was exploring "strategic alternatives" with Allianz.
The group will operate in 29 countries and have an equity value of R33bn, or around €2bn, the companies said.
It will create "the largest Pan-African non-banking financial services entity on the continent," they said.
Allianz makes a small portion of its overall revenue in Africa but has been looking to expand.
Source: Reuters
Reuters, the news and media division of Thomson Reuters, is the world's largest multimedia news provider, reaching billions of people worldwide every day.
Go to: https://www.reuters.com/