YC-backed Amenli raises $2.3M to provide insurance to Egyptian consumers – TechCrunch
The average penetration rate for insurance in Africa is between 3% to 5%. South Africa makes up a large bulk of it; without it, the continent is on a 1% to 2% rate even with other developed technology and financial markets like Kenya, Nigeria and Egypt. The insurance market is still one of the industries […]
Source: techcrunch.com