Fairfax Financial Holdings, a top global investor, has acquired a 7.5 percent equity stake in Africa Reinsurance Corporation (Africa Re) for $61 million, marking the second investor coming into reinsurance firm in two months.
The new strategic partnership with Fairfax, after the recent entry of AXA
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Modestus Anaesoronye
Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more
