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LeapFrog Expands Insurance Industry in West Africa with Largest Private Foreign Direct Investment

Tuesday, April 24, 2012

LeapFrog Investments announced the largest private foreign investment in the history of Ghana's insurance industry, acquiring a majority stake in the Express Life Insurance Company. LeapFrog is the largest dedicated investor worldwide in companies that serve emerging consumers with insurance and related financial services. Express will draw on LeapFrog's capital and distinctive operational expertise to become the market leader in serving the large untapped market of low-income consumers in Ghana with products often costing less than US$10 per month. The investment is expected to substantially increase financial inclusion in this pivotal African market and to mark a new phase of inclusive growth for the sector. Click here to read more or go to www.leapfroginvest.com.