Metropolitan, Expansion projects in Africa

Metropolitan Holdings, which is due to merge with Momentum to become the third life insurer in South Africa, believes it is able to achieve 25% of its turnover abroad in five years’ time. The group is even determined to balance its Anglophone and Francophone portfolios in premiums' volume. Expansion projects designed for new African countries are scheduled for the next three years. The priority for 2010 is to consolidate operations conducted in Ghana and Nigeria, two markets  endowed with a high potential.