Blue Orchard Insurance Fund locks US$25m from European Investment Bank

AFRICA – The European Investment Bank (EIB) has approved an equity participation of up to US$25 million in the Blue Orchard InsuResilience Investment Equity Sub-Fund, which targets innovative companies operating in the insurance industry. According to Private Equity News, the fund will make investments in key countries in Africa as well as Asia and Latin America. The Fund will invest in both insurers that invest in and make use of technology and digital technology companies developing solutions for the insurance industry (so-called Insuretech). Blue Orchard will invest growth equity in…

Read More