Barclays Africa intent on investing in Ghana’s insurance business

Barclays Africa Group (BAGL) is attempting to set foot on the Ghanaian insurance market. BAGL, which is part of the four major banking groups of the continent, is in search of an acquisition opportunity in the country. The financial institution took control over First Insurance in Kenya in November 2015. The group has also submitted an application for a license in Nigeria where it intends to develop a banking business.

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