Select Africa Limited, a subsidiary of African Alliance Group, was established in 2001 as a holding company for a number of subsidiaries based in various African countries.
Its business focus is to provide Africa’s vast untapped retail financial markets with personal loans, savings products and insurance policies. While Select Africa is a 100% subsidiary of the African Alliance Group, it operates autonomously with its own teams, branding and risk management. At present, its operating environment includes southern and east Africa.
Select Africa has a unique business model, focused on providing affordable financial services products to the lower end of the market, particularly in segments previously neglected by the traditional banking sector. Its business success is based on a model that revolves around product affordability, innovative design (to meet market needs), extensive use of technology (to meet client needs) and affordability on the part of clients. Select Africa benefits from the African Alliance product range and flexibility to ensure its clients have access to affordable savings products in the form of unit trusts, innovative loan products previously inaccessible to the target market, and supporting insurance products (short and long term). The product range is dynamic and Select Africa teams pride themselves on being attentive to market needs.