Small logo Subscribe to leading news on impact investing. Learn More
The Brief Originals Dealflow Signals The Impact Alpha Impact Voices Podcasts Agents of Impact Open
What's Next Capital on the Frontier Measure Better Investing in Racial Equity Beyond Trade-offs Impact en las Americas New Revivalists
Local and Inclusive Climate Finance Catalytic Capital Frontier Finance Best Practices Geographies
Slack Conference Calls Events Contribute
The Archive ImpactSpace The Accelerator Selection Tool Network Map
About Us FAQ Calendar Pricing and Payment Policy Privacy Policy Terms of Service Agreement Contact Us
Locavesting Entrepreneurship Gender Smart Return on Inclusion Good Jobs Creative economy Opportunity Zones Investing in place Housing New Schooled Well Being People on the Move Faith and investing Inclusive Fintech
Clean Energy Farmer Finance Soil Wealth Conservation Finance Financing Fish
Innovative Finance
Personal Finance Impact Management
Africa Asia Europe Latin America Middle East Oceania/Australia China Canada India United Kingdom United States
Subscribe
Features
Series
Themes
Community
Data
Subscribe Log In
More

LeapFrog commits $180 million to Ghanaian insurer



The financial services impact investor last year raised the $350 million LeapFrog Strategic African Investments fund, primarily from Prudential Financial.

Its first investment commits more than half of that to Ghana’s largest and first publicly-listed insurer, Enterprise Group.

In Africa, less than 25% of households have access to financial services. Life insurance is in particular demand in Ghana, where only 5% of adults have insurance.

LeapFrog is already invested in the Ghanaian insurance market. The Enterprise Group deal is LeapFrog’s largest to date and represents a big jump for for the private equity firm, which typically does deals in the tens of millions of dollars.

LeapFrog Investments backs financial services and healthcare companies that profitably reach low-income consumers in emerging markets.

Those companies reach 91 million people and support more than 100,000 jobs, LeapFrog reports.

You might also like...