Saham Finances News

Sanlam Looks for More African Deals After $1.1B Investment in Morocco’s Saham

Fresh from sealing its biggest ever deal, Sanlam Ltd. is still scouring Africa for more acquisitions to extend its lead as the continent’s largest financial-services company outside of banking. The Cape Town-based insurer will spend $1.1 billion to take full …

2 South African Insurers Bet $375 Million on West & North Africa Expansion

South African insurers Sanlam Ltd. and Santam Ltd. agreed to buy a 30 percent stake in Saham Finances SA of Morocco for $375 million to gain access to insurance markets in West and North Africa. The stake will be purchased …

Brokerslink Signs Partnership Pact with African Insurer Saham Finances

Independent broker network Brokerslink has signed a three year strategic partnership agreement with pan-African insurance group, Saham Finances. The bulletin said the agreement one of the biggest pan-African insurance groups (outside of South Africa) with a turnover of more than …