funding

NEWS

Swiss Re Foundation announces $500K grant to support insurtech startups in Africa

Swiss Re Foundation has announced a USD 500,000 grant for Africa’s insurance sector to spur innovation of insurance solutions for the underserved. The funding, to be distributed through the FSD Africa’s supported BimaLab insurance accelerator programme, will unlock and accelerate the transformation of Africa’s insurance sector through innovative offerings for the sector’s unique landscape. Recently, there has been increased attention to Africa’s expanding and promising insurance sector. At the COP27…