Coronation unveils expansion plan at forum


Coronation Group has announced its ambitious expansion plan at the 2024 Africa CEO Forum held in Kigali, Rwanda.

During the forum, the Managing Director/CEO of Coronation Group, Wole Onasanya, highlighted the company’s commitment to driving financial inclusion and empowerment across Africa through strategic partnerships and innovative solutions.

Coronation has been actively pursuing partnerships with key players in the financial services sector to drive innovation and increase its geographic footprint in Africa.

A recent partnership with M-PESA and Access Holdings aims to facilitate seamless trade between residents of Kenya and Nigeria, with plans to replicate this solution across the continent.

“As we continue to expand our presence across Africa, our focus remains on driving financial inclusion and empowerment for individuals and small businesses.

“Through strategic partnerships and innovative solutions, we aim to overcome barriers and provide access to broader markets, capital formation, insurance protection, and wealth creation opportunities”, Onasanya said.

As Coronation expands beyond Nigeria and Ghana, the Group is leveraging its strategic partnerships to unlock new opportunities for growth and innovation across Africa. With a track record of success in key West African markets, including Nigeria and Ghana, Coronation Group is now poised to expand its footprint into other regions across the continent. Coronation’s approach to partnerships sets it apart from other financial institutions, prioritising relationships based on mutual benefits, shared vision, and long-term impact.

“Our goal is to double our geographic footprint across Africa by the end of 2025 and add 10 million new customers to the Coronation ecosystem,” added Onasanya.

Coronation Group’s participation at the Africa CEO Forum underscores its dedication to shaping the future of Africa’s financial landscape and fostering meaningful dialogue on key challenges and opportunities.


Source link