{"id":631106,"date":"2018-03-11T03:55:23","date_gmt":"2018-03-11T03:55:23","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/11\/south-african-insurer-sanlam-looking-for-african-acquisitions-egypt-entry\/"},"modified":"2018-03-11T03:55:23","modified_gmt":"2018-03-11T03:55:23","slug":"south-african-insurer-sanlam-looking-for-african-acquisitions-egypt-entry","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/11\/south-african-insurer-sanlam-looking-for-african-acquisitions-egypt-entry\/","title":{"rendered":"South African insurer Sanlam looking for African acquisitions, Egypt entry"},"content":{"rendered":"

South African insurer Sanlam looking for Egypt entry, African acquisitions:<\/strong> South African insurer Sanlam is \u201cscouring Africa for more acquisitions to extend its lead as the continent\u2019s largest financial-services company outside of banking,\u201d Bloomberg reports<\/a>. Sanlam is \u201clooking for \u2018bolt-on\u2019 acquisitions in Ghana, as well an entry into Egypt and to build a strategic partnership in Ethiopia once it opens its insurance industry to foreign investors, Sanlam emerging-market head Junior John Ngulube said.\u201d Sanlam is spending USD 1.1 bn to take full control of Morocco\u2019s Saham Finances SA, bringing the total investment in the firm by Sanlam and one of its units to about USD 1.75 bn since February 2016.<\/p>\n","protected":false},"excerpt":{"rendered":"

South African insurer Sanlam looking for Egypt entry, African acquisitions: South African insurer Sanlam is \u201cscouring Africa for more acquisitions to extend its lead as the continent\u2019s largest financial-services company outside of banking,\u201d Bloomberg reports. Sanlam is \u201clooking for \u2018bolt-on\u2019 acquisitions in Ghana, as well an entry into Egypt and to build a strategic partnership […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-631106","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"70412ee6-182a-4e59-8c39-cb8d97689b79","order":"0","is_powered_by":true,"section_story_id":"71132a7e-e5e5-41c4-879f-72e269f5fa61","story_type":"1","photo_url":"","photo_position":"above","related_issue":[631093],"teaser":"","voice_url":""},"yoast_head":"\nSouth African insurer Sanlam looking for African acquisitions, Egypt entry - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/11\/south-african-insurer-sanlam-looking-for-african-acquisitions-egypt-entry\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"South African insurer Sanlam looking for African acquisitions, Egypt entry\" \/>\n<meta property=\"og:description\" content=\"South African insurer Sanlam looking for Egypt entry, African acquisitions: South African insurer Sanlam is \u201cscouring Africa for more acquisitions to extend its lead as the continent\u2019s largest financial-services company outside of banking,\u201d Bloomberg reports. Sanlam is \u201clooking for \u2018bolt-on\u2019 acquisitions in Ghana, as well an entry into Egypt and to build a strategic partnership […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/11\/south-african-insurer-sanlam-looking-for-african-acquisitions-egypt-entry\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-03-11T03:55:23+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/11\/south-african-insurer-sanlam-looking-for-african-acquisitions-egypt-entry\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/11\/south-african-insurer-sanlam-looking-for-african-acquisitions-egypt-entry\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"South African insurer Sanlam looking for African acquisitions, Egypt entry\",\"datePublished\":\"2018-03-11T03:55:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/11\/south-african-insurer-sanlam-looking-for-african-acquisitions-egypt-entry\/\"},\"wordCount\":119,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/11\/south-african-insurer-sanlam-looking-for-african-acquisitions-egypt-entry\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/11\/south-african-insurer-sanlam-looking-for-african-acquisitions-egypt-entry\/\",\"name\":\"South African insurer Sanlam looking for African acquisitions, Egypt entry - 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The newly formed joint venture aims to accelerate the two companies\u2019 growth across their markets in the continent,\u2026","rel":"","context":"In "M&A WATCH"","block_context":{"text":"M&A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/5\/118.jpeg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":594774,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/08\/sanlam-could-invest-in-egypt-within-the-next-year\/","url_meta":{"origin":631106,"position":1},"title":"Sanlam could invest in Egypt within the next year","author":"enterpriseam admin","date":"8 September 2019","format":false,"excerpt":"INVESTMENT WATCH- Sanlam eyes Egypt investments in the next 12 months: South Africa\u2019s largest insurance company Sanlam could invest an undisclosed amount in Egypt within the next 12 months as part of its continental strategy, CEO Ian Kirk told Reuters. Sanlam previously said in March it intended to take an\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":548100,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/26\/allianz-to-hold-40-stake-in-jv-with-sanlam\/","url_meta":{"origin":631106,"position":2},"title":"Allianz to hold 40% stake in JV with Sanlam","author":"enterpriseam admin","date":"26 July 2022","format":false,"excerpt":"Allianz will hold a 40% stake in its new joint venture with South Africa\u2019s Sanlam, an official at Allianz told Enterprise yesterday, confirming a report by Al Shorouk. A blockbuster merger for the African ins. industry: The two companies agreed to merge their Africa operations in May, creating the largest\u2026","rel":"","context":"In "M&A WATCH"","block_context":{"text":"M&A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/7\/269.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":605811,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/09\/06\/sanlam-allianz-africa-merger-gets-the-greenlight-from-regulators\/","url_meta":{"origin":631106,"position":3},"title":"Sanlam-Allianz Africa merger gets the greenlight from regulators","author":"enterpriseam admin","date":"6 September 2023","format":false,"excerpt":"The new company will be worth around USD 1.8 bn","rel":"","context":"In "M&A WATCH"","block_context":{"text":"M&A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/9\/527.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":601748,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/10\/sanlam-plans-expansion-into-egypt-morocco\/","url_meta":{"origin":631106,"position":4},"title":"Sanlam plans expansion into Egypt, Morocco","author":"enterpriseam admin","date":"10 March 2019","format":false,"excerpt":"INVESTMENT WATCH- South African insurer Sanlam intends to enter the Egyptian and Moroccan markets,Reuters reports. 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