SECTOR | Kenya Insurance Sector Review | AIB AXYS

    We issue a BUY recommendation on most counters in the insurance sector with an upside potential of 76.9% on the current p/b multiple of 0.68x against a 5-year historical average of 1.21x.


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    AIB-AXYS Africa Ltd is the fusion of two established companies; AIB Capital Limited and Apex Africa Capital Limited, both with over 25 years of experience in the Securities market. With the solid reputation and experience of the professional teams, we leverage talent and networks to better service businesses and investors looking to capitalize on the African growth story, and its vibrant financial sector.
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