Islamic deal a step into Africa says AIC
Absa Insurance Company Limited (AIC)'s agreement with Takafol SA (Pty) Limited (Takafol SA) further binds the group's ability to launch into Africa. The statement was given by Edwyn O'Neill, who is the Managing Director of AIC.
Absa Group underlined the fact that a larger presence on the continent was on their mind. It seems that the growing earnings on the African continent is very important for the banking group.
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