Zamara, Former Alexander Forbes, Eyes Nigerian, Rwandan Markets

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Financial services provider, Zamara, is earmarked Nigeria and Rwanda for its renewed expansion plan. It is seeking to capitalise on the growing demand for insurance, brokerage and similar services on the continent.

The firm’s group CEO, Sundeep Raichura, said today that it had already identified Nigeria and Rwanda as the first regional markets where it will immediately expand its operations.

“We are in the process of establishing a presence in Rwanda and Nigeria and will be looking at further opportunities in East, West and Southern Africa to expand our business model,” said Mr Raichura at the unveiling of its new brand Wednesday.

“We understand the importance of promoting a savings and protection culture in Africa and empowering individuals and businesses through innovative, yet relevant financial and insurance solutions that meet their needs,” said Mr Raichura.

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