APA acquires two insurance firms in Tanzania

Caroline Kizito (left) of APA Insurance speaks to a guest at the company's exhibition stand during the Nyanza Regional Business and Investment Summit at The Vic Hotel grounds in Mega City, Kisumu, on September 11, 2026.

Photo credit: Alex Odhiambo | Nation Media Group

APA Apollo Group has acquired two insurance companies in Tanzania as it moves to increase its share of underwriting businesses outside Kenya.

The insurer, which already had a subsidiary in Uganda and an associate in Tanzania, said on Monday it has completed the acquisition of a controlling stake in Meticulous General Insurance Company Limited and Metro Life Assurance Company Limited in Tanzania. APA has not disclosed the value of the deal.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.