Zimbabwe : FBC Insurance targets growth with SSP Pure Insurance platform

FBC Insurance has chosen to support the growth of its Zimbabwean general insurance business in line with its strategic objectives using SSP’s (www.SSP-worldwide.com) digital insurance platform, SSP Pure Insurance.

SSP Pure Insurance is a flexible end-to-end core insurance system for all lines of business and all channels. As a single solution with consistent best practice processes for policy administration, claims management, finance and credit control, as well as strong reporting MI, SSP Pure Insurance enables FBC Insurance to operate more efficiently and remain compliant with the stringent Zimbabwean regulatory environment.

With a sound insurance foundation in place, FBC Insurance can focus on its transformation from being an intermediated bancassurer and move into direct writing. Currently, a large proportion of business is driven through the FBC bancassurance sales force, and FBC Insurance now has a platform that will help it achieve exponential growth of its direct distribution.

As the direct market is maturing in Zimbabwe, the omni-channel support provided by SSP Pure Insurance puts FBC Insurance ahead of the curve, enabling it to push and hit the market.

Another key focus for FBC Insurance is diversification into the growing microinsurance market. With an insurance penetration rate of just 3.6% in Zimbabwe, there are significant opportunities for FBC Insurance to provide affordable products that match the needs of the currently excluded population. SSP Pure Insurance enables FBC Insurance to simplify the product design and development process, so it can respond more agilely to these market conditions.

Adrian Coupland, Customer and Marketing Managing Director at SSP, says, “I am delighted that FBC Insurance is live on our digital insurance platform to support its objectives of growth, greater operational efficiency and risk control.

“Half of the top ten insurers in Zimbabwe use SSP’s software, and this is testament to our continued investment in supporting the territory without the need for reliance on third parties.”

Musa Bako, Managing Director at FBC Insurance, explains, “We needed a system that would enable us to achieve our growth and cost-cutting objectives. Investing in SSP, a technology partner with a broad footprint in the African and global markets, took the risk out of the decision-making process.

“In addition to its knowledge and experience of the Zimbabwean market, SSP demonstrated it has the financial stability to support our evolution over the long term.”

Distributed by APO on behalf of SSP.

Contact:
Jacqui Rorke on Jacqui@FindleyPR.co.za with any queries or call +27 11 463-6372

About SSP:
SSP (www.SSP-worldwide.com) is a global provider of technology systems and solutions across the entire insurance industry, using our expertise to enable our customers to transform their business and increase their profitability. SSP provides core technology solutions, distribution and trading capability, advanced analytics and solution delivery. We work with 8 of the top 10 UK insurers, 4 of the top 10 global insurers and over 40% of UK brokers. Our unique position in the market, including the largest market share of UK e-trading, enables us to provide leading data insight and unrivalled distribution. With over 30 years’ experience, our knowledge, talent and technology capabilities deliver innovative results that make us the partner of choice for our customers.

Source:: Zimbabwe’s FBC Insurance targets growth with SSP’s Pure Insurance platform

Categories: AFRICA, ECONOMY, Zimbabwe | Tags: | Leave a comment

4th agrofood and plastprintpack West Africa on 05 – 07 December 2017 in Accra

4th agrofood and plastprintpack West Africa on 05 – 07 December 2017 in Accra

  • Great chances for producers of process & packaging technology
  • Official country pavilions from Algeria, Belarus, France and the Netherlands confirmed

The German trade fair specialists fairtrade announce the 4th edition of agrofood & plastprintpack West Africa to take place on 05-07 December 2017 at the Accra International Conference Centre in Accra, Ghana. Producers of process & packaging technology seeing great chances for business in Ghana and the surrounding West African countries, official national pavilions have been confirmed by Algeria, Belarus, France and the Netherlands, in addition to leading exhibitors from 10 countries.

Organized by the German trade fair specialists fairtrade agrofood & plastprintpack West Africa 2017 will take place from 05 to 07 December at the Accra International Conference Centre.

Market update Ghana: Imports rise sharply

According to VDMA German Food Processing and Packaging Association, Ghanaian imports of process and packaging technology increased by 10% in 2016 to 77 million euro whereas West African imports of the same also went up by 10% to 557 million euro.

Also Ghanaian imports in the plastics, printing and packaging sector rise sharply last year:

  • Plastics technology up 4% to 23.4 million euro
  • Printing and paper technology up 32% to 22.4 million euro
  • Packaging technology up 2% to 30.1 million euro

Official National Pavilions and top brands from 10 countries confirmed

On this background it comes as no surprise that producers of process & packaging technology see great chances for business in Ghana and its surrounding West African countries. Official national pavilions are confirmed by Algeria, Belarus, France and the Netherlands, in addition to leading exhibitors from 10 countries.

Institutional support

agrofood & plastprintpack West Africa 2017 is supported by the Ghanaian Ministry of Food and Agriculture and of Trade and Industry, the Delegation of the German Industry and Commerce in Ghana AHK, the French agrofood association adepta and AVEP – Associación Valenciana de Empresarios de Plásticos.

Distributed by APO on behalf of Fairtrade Messe und Ausstellungs GmbH & Co. KG.

Contact for press and media:
fairtrade GmbH & Co. KG
Ms Sarah Nitsche
Public Relations
Kurfürsten-Anlage 36
D-69115 Heidelberg
Tel +49 / 62 21 / 45 65 22
Fax +49 / 62 21 / 45 65 25
S.Nitsche@fairtrade-messe.de
www.fairtrade-messe.de

Contact for exhibitors:
fairtrade GmbH & Co. KG
Ms Leonie Ganser
Project Management
Kurfürsten-Anlage 36
D-69115 Heidelberg
Tel +49 / 62 21 / 45 65 14
Fax +49 / 62 21 / 45 65 25
L.Ganser@fairtrade-messe.de
www.fairtrade-messe.de

Pictures in high resolution can be requested by email (S.Nitsche@fairtrade-messe.de).

About fairtrade Messe und Ausstellungs GmbH & Co. KG:
fairtrade – Valuable business contacts
fairtrade was founded by Martin März in 1991. Since long, fairtrade ranks among the leading organisers of professional international trade fairs in emerging markets, especially in North and Sub-Saharan Africa, the Middle East and Eastern Europe. Managed by its shareholder and committed to the values of a family business and the team spirit, fairtrade maintains a powerful network of partnerships throughout the world. fairtrade organizes shows in the sectors Agrofood, Building, CIT Solutions, Energy, Environment, Industry and PlastPrintPack and strives for a high level of customer satisfaction. By means of innovative products and excellent service fairtrade organizes professional platforms for valuable business contacts between exhibitors and visitors. A member of UFI The Global Association of the Exhibition Industry, fairtrade’s management system is ISO 9001: 2008 certified.

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Source:: 4th agrofood & plastprintpack West Africa on 05 – 07 December 2017 in Accra

Categories: AFRICA, ECONOMY, Ghana | Tags: | Leave a comment

Seychelles’ Chair of the CGPCS undertakes a goodwill mission to Mogadishu

The Seychelles’ Chair of the Contact Group on Piracy Off the Coast of Somalia (CGPCS) undertook on 23rd and 24th July 2017 a goodwill mission to Mogadishu, capital of Somalia and the seat of the Federal Government of Somalia (FGS). Secretary of State, Ambassador Barry Faure, who occupies the seat on behalf of the Republic of Seychelles, said upon his return that he was very satisfied with the outcome and the warm hospitality of the FGS which had welcomed the visit and helped to plan it since the 20th CGPCS Plenary earlier this month in Mauritius. “It was an opportunity for the CGPCS to reiterate its solidarity towards, and confidence in, the newly-elected FGS, as well to take note of the noticeable progress that is already taking place in Mogadishu.”

High level discussions took place with the Prime Minister Hassan Ali Khayre, the Deputy Prime Minister Mahdi Ahmed Guled, the Minister of Foreign Affairs Yusuf Garaad Omar, the Minister for Fisheries and Marine Resources Abdirahman Mohamed Abdi Hashi, the State Minister for Foreign Affairs Abdulkadir Ahmedkheyr Abdi, and the Attorney General Ahmed Ali Dahir. Discussions took place on regional and international efforts to promote maritime security cooperation and capacity building in Somalia and the larger region beyond Somalia; as well as the fight against piracy and IUU Fishing. In pursuance of the discussions and in the interest of promoting regional and bilateral cooperation, senior Somali officials are expected to reciprocate the visit in the near future.

The mission also met and interacted with various key international stakeholders assisting Somalia in its recovery, including the UN, the FAO, the EU and the AU. During a call on the Special Representative to the Chairperson of the African Union Commission (SRCC) for Somalia and Head of AMISOM, Ambassador Francisco Caetano Jose Madeira, the latter updated the mission on the current security situation in Somalia, noting that the FGS was a serious and responsible partner, which needs the support of the international community in the short, medium and long term; but, more importantly, NOW, if the gains of the past decade and the efforts of the new regime are to be sustained.

The mission also comprised of Special Advisor to the Designated Minister, Raymond St Ange (Head of the Secretariat of the CGPCS), Ahmed Hersi, the Regional Coordinator on Maritime Security for ESA-IO Region from the Intergovernmental Authority for Development (IGAD), Commander Rajeev Kumar Singh and Fartum Mohamed Ibrahim, Maritime Security Advisor and Maritime Officer, respectively from the United Nations Assistance Mission in Somalia (UNSOM). UNSOM, IGAD and the Indian Ocean Commission played a much appreciated role in facilitating and coordinating the visit of the mission to Mogadishu.

Distributed by APO on behalf of Ministry of Foreign Affairs of the Republic of Seychelles.

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Source:: Seychelles’ Chair of the CGPCS undertakes a goodwill mission to Mogadishu

Categories: AFRICA, POLITICS, Seychelles, Somalia | Tags: | Leave a comment

Total and Worldline Partner with African Fintech InTouch

Total and Worldline Partner with African Fintech InTouch to Support Deployment of Guichet Unique, an Innovative Digital Solution for Retail Networks

Total (www.Total.com) and Worldline [Euronext: WLN] (www.Worldline.com) signed binding technological, commercial and financing agreements with African fintech InTouch (www.InTouchgroup.net) on July 13, 2017.

Under the agreements, Total and Worldline will support the deployment of the Guichet Unique solution in eight African countries — Burkina Faso, Cameroon, Côte d’Ivoire, Kenya, Mali, Morocco, the Republic of Guinea and Senegal.

Guichet Unique provides retail networks with a unique customer-friendly device that makes it possible to securely and seamlessly accept all means of payment, including mobile money, payments through private label cards and cash, and to distribute third party services, such as subscriptions to media content, bill payment, money transfer, card top-up, banking and insurance.

Already deployed in more than 170 Total service stations and more than 600 independent points of sale in Senegal, the Guichet Unique platform manages more than 30,000 transactions per day in that country.

As part of these agreements:

  • Total and Worldline will fund the first phase of deployment of the Guichet Unique solution in the above-mentioned eight countries and become shareholders in InTouch, alongside its founder, Omar Cissé.
  • Total will deploy the Guichet Unique solution in its service station network in these eight countries, with possible further deployment in another 30 African and Middle Eastern countries. This initiative aligns with Total’s overall strategy of offering innovative solutions to customers and facilitating their journey.
  • InTouch is targeting deployment of the solution in more than 5,000 retail network and independent points of sale in each of these countries.
  • Worldline, on top of supporting InTouch through its payment expertise, will provide a secure and industrial hosting infrastructure to enable the pan-African deployment and run of Guichet Unique.

Timing of the Transaction

Closing of the transaction is subject to the approval of the competent anti-trust authorities.

Distributed by APO on behalf of Total.

Media contacts

Total
Press office
Email: presse@total.com
Tel.: +33 1 47 44 46 99

Worldline
Investors Contact: David Pierre-Kahn
Email: David.pierre-kahn@worldline.com
Press Contact: Sandrine van der Ghinst
Email: sandrine.vanderghinst@worldline.com

InTouch
Press Contact: Anta Seck
Email: anta.seck@intouchsa.com

About Total

Total (www.Total.com) is a global integrated energy producer and provider, a leading international oil and gas company, and a front-ranked solar energy operator through SunPower and Total Solar. Our 98,000 employees are committed to better energy that is safer, cleaner, more efficient, more innovative and accessible to as many people as possible. As a responsible corporate citizen, we focus on ensuring that our operations in more than 130 countries worldwide consistently deliver economic, social and environmental benefits. total.com

About the Marketing & Services Division of Total

Total Marketing & Services develops and markets products primarily derived from crude oil, along with all of the associated services. With 29,000 employees in 110 countries, Total Marketing & Services serves more than 4 million customers daily throughout its network of over 16,000 service stations. As the world’s fourth-largest distributor of lubricants and the leading distributor of petroleum products in Africa with a network of more than 4,300 service stations, Total Marketing & Services operates 50 production sites worldwide where it manufactures the lubricants, bitumen, additives, special fuels and fluids that sustain its growth.

About Worldline

Worldline [Euronext: WLN] (www.Worldline.com) is the European leader in the payments and transactional services industry. Worldline delivers next-generation services, enabling its customers to offer seamless and innovative solutions to end consumers. A key partner of B2B2C industries with over 40 years of experience, Worldline supports and contributes to the success of all businesses and administrative services in a constantly changing market. Worldline offers a unique and flexible business model built on a global and growing portfolio, thus enabling end-to-end support. Worldline’s activities are organized into three segments: Merchant Services, Mobility & e-Transactional Services, and Financial Services including equensWorldline. Worldline employs more than 8,700 people worldwide, with estimated pro forma revenue of more than €1.5 billion a year. Worldline is an Atos company. www.Worldline.com

About InTouch

InTouch (
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Source:: Total and Worldline Partner with African Fintech InTouch to Support Deployment of Guichet Unique, an Innovative Digital Solution for Retail Networks

Categories: AFRICA, Burkina Faso, Cameroon, Côte d'Ivoire, ECONOMY, Guinea, Kenya, Mali, Morocco, Senegal | Tags: | Leave a comment