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Barclays Africa Group Ltd is eyeing the lucrative but highly under-served insurance business.
The lender Thursday announced it had partnered with businessmen Darshan Chandaria of Chandaria Industries and Mr Ayisi Makatiani of Fanisi Capital to enter the Kenyan life insurance market. The unit known as Barclays Life Assurance Kenya is majority owned (66.6 per cent) by Barclays Africa Group.
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