Takaful & Re-takaful is a small but growing part of the business nevertheless NOT the driver for meaningful growth for Kenya Re in 2014. I believe kenRe will see the price approaching NAV as other insurance firms trade at a premium to NAV.

Despite JKIA & Westgate, I expect KenRe to have record earnings which includes value (comprehensive) growth in Bonds, Stocks and Real Estate. What would make me happier is a Takeover Offer [unlikely] or a Strategic Investor who takes up 51% so GoK no longer calls the shots.

See what I said [in bold] earlier... In 2015 onwards it might produce meaningful growth for KenRe

Interesting this Islamic Finance story. Would really like to see how it works on infrastructure finance.

Africa: Islamic finance looks south of the Sahara Full article: http://www.euromoney.com...south-of-the-Sahara.html

I read on this week's EAST AFRICAN that BRIT is targeting to buy a significant stake reinsurer. Could that be the reason why thus has risen so much?

http://www.theeastafrica...-/12sgy3cz/-/index.html

@VVS what's ur email address?

If someone has got some little money get Kenya Re at 18.50 and kenya airways at 11.90

SUPPLY IS DRYING OUT!SHARE REBOUND IN THE OFFING

KCB: SHARIAH AUDITOR - ISLAMIC BANKING (Vacancy) http://ke.kcbbankgroup.c...uditor-islamic-banking/

Job Opportunity: Corporate Relationship Manager, Islamic Banking http://ke.kcbbankgroup.c...nager-islamic-baniking/

Job Opportunity: Senior Manager Compliance & Operations Manager – Islamic Banking http://ke.kcbbankgroup.c...-manager-compliance.../

Job Opportunity: Islamic Banking Retail & Product Development http://ke.kcbbankgroup.c...il-product-development/

Interesting write up on Islamic Finance Outlook 2014 by S&P.

Page 70 dwells on whether African Sovereigns would turn to Islamic Finance to fund growth.

Overall, this capital market segment in the global context is larger & effective than I imagined! Wow... (Est. USD1.4Tr and growing.)

On the flip, if the conventional Eurobond is bringing head, I see there is a Sovereign Sukuk option to be explored too. If the End (infrastructure) can justify the Means, then why not? Kazi Iendelee!!

Enjoy: http://www.standardandpo...cFinanceOutlook_2014.pdf

A World Bank Blogger on Islamic Finance. Very interesting.

---
Islamic Finance: A Quest for Publically Available Bank-level Data

Attend a seminar or read a report on Islamic finance and chances are you will come across a figure between $1 trillion and $1.6 trillion, referring to the estimated size of the global Islamic assets. While these aggregate global figures are frequently mentioned, publically available bank-level data have been much harder to come by.

Considering the rapid growth of Islamic finance, its growing popularity in both Muslim and non-Muslim countries, and its emerging role in global financial industry, especially after the recent global financial crisis, it is imperative to have up-to-date and reliable bank-level data on Islamic financial institutions from around the globe. http://blogs.worldbank.o...-data?cid=EXT_TWBN_D_EXT

The West Africans getting their economies in order... Interesting interview.(video)

Senegal’s President, Macky Sall, talks about his goal of 7% economic growth in the country in the next ten years through an initiative called Emergence. He cites industries as agriculture and infrastructure as key in realizing this goal. President Sall also stated that he plans to diversify the Senegal economy through tourism and mining.

http://usafricagateway.b...dent-plans-get-7-growth/