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Zimbabwean insurer plans to diversify its Nigeria business

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Albert Nduna, chief executive of Zimbabwe's Zimre Holdings Ltd., has said that the company plans to diversify its business in Nigeria, Caj News Africa reports.

Mr. Nduna said that the company has been eyeing partnerships in Nigeria to establish itself there. Zimre needs to invest millions of dollars to strengthen its foothold, Mr. Nduna said, adding that the insurance sector in Nigeria grew 15% in 2013, Caj News Africa reports.

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