Amethis announces its investment in Zamara Holdings Limited, a leading pan African financial and insurance solutions provider
09 September 2026 • Nairobi
Amethis is pleased to announce its investment in Zamara Holdings Limited, a leading insurance broker, pension fund administrator, and provider of actuarial services operating in Africa.
Zamara is a leading financial and insurance solutions provider, offering insurance brokerage, pension administration and actuarial services to corporate and individual clients across the continent. Through its solutions, the Group helps businesses strengthen employee benefits while enabling individuals to better prepare for retirement, protect against financial risks and improve long-term financial wellbeing. Today, Zamara serves more than 3,700 insurance clients and over 190 actuarial clients, contributing to greater financial inclusion, more resilient organisations and stronger social protection systems across Africa.
This partnership represents a significant milestone in Zamara’s long-term ambition to build the leading regional financial services platform in Africa. With Amethis’ support, the Group aims to strengthen its position as the number one regional player by deepening strategic partnerships, building an even more client-centric organisation and operating model, enhancing its digital capabilities, and continuing to expand the breadth and quality of solutions offered to clients across the continent.
“We are delighted to welcome Amethis as a strategic partner at this important stage of Zamara’s journey. We were looking for more than capital — we wanted a partner that understands Africa, believes in the potential of our business and our people, and shares our ambition to build a leading pan-African financial services group. Over the years, our engagement with the Amethis team has demonstrated a strong alignment of values, ambition and long-term vision. Their experience in African markets, networks and commitment to supporting regional champions make them an ideal partner as we accelerate investment in technology and innovation, strengthen our capabilities and broaden the solutions we provide to our clients. This is about building on the foundations that have made Zamara trusted for more than three decades while giving us greater capacity to pursue the opportunities ahead. What defines Zamara does not change. What Zamara can achieve does.”
— Sundeep Raichura, Group CEO, Zamara Holdings Limited
“Our investment in Zamara reflects a deep conviction in the Group’s leadership, its purpose, and its potential as a pan-African financial services platform. Over the years, we have built a genuine relationship of trust with Sundeep, James, and the wider Zamara team, and we are proud to formalize that partnership at such a pivotal moment in the company’s journey. From our teams in Nairobi and across the continent, Amethis is committed to being a close, hands-on partner in Zamara’s next phase, helping strengthen its capabilities, accelerate innovation, and extend its reach as it continues to power financial freedom for businesses and individuals across Africa.”
— Frank-Astère Ndiyo Butoyi, Partner, Amethis
About Zamara
Founded in 1994 and headquartered in Nairobi, Kenya, Zamara is a pan-African financial and insurance solutions group providing pensions consulting and administration, insurance brokerage, reinsurance brokerage and actuarial services to corporate, institutional and individual clients. Originally established as a specialist actuarial firm, Zamara has evolved over more than three decades into an independent, home-grown African financial services group. Today, the Group has a presence in Kenya, Uganda, Tanzania, Rwanda, Nigeria, Malawi, the Democratic Republic of Congo and the United Arab Emirates.
Guided by its purpose of creating a financially secure and prosperous society, Zamara combines deep local expertise, trusted client relationships and innovative solutions to help businesses and individuals manage risk, strengthen financial wellbeing and plan for the future.
About Amethis
Founded by Luc Rigouzzo and Laurent Demey, and a member of Edmond de Rothschild Private Equity Partnership, Amethis is an impact-oriented private equity firm focusing on financial, environmental and social sustainability across Europe, Africa, and the Middle East. Amethis has raised more than €1.4 billion and completed over fifty investments to date. Amethis provides growth capital to promising mid-sized champions in a variety of sectors, offering growth support through its international network covering Europe and Africa as well as systematic improvement of their environmental and social impacts. With seven offices in Paris, Abidjan, Casablanca, Nairobi, Cairo, Cape Town and Luxembourg, the Amethis team includes 60 experienced professionals with strong regional and sector expertise.
About Edmond de Rothschild
Edmond de Rothschild is an investment house founded on the conviction that, when put at the service of the real economy, wealth can serve a useful purpose and help make progress an ever-renewed idea.
Driven by nearly three centuries of a culture of financial foresight, the Group specializes in private banking and asset management and benefits from recognized expertise across its core businesses (wealth management, wealth engineering, life insurance, services for independent wealth managers, corporate finance, private equity, real estate, infrastructure, liquid strategies and fund administration). Its 100% family ownership provides genuine independence, enabling alignment with clients’ interests and fostering the development of financial solutions tailored to the specific needs of families, entrepreneurs and institutional investors. As of 31 December 2024, Edmond de Rothschild manages more than CHF 184 billion in assets and reports a strong balance sheet with a CET1 ratio of 19.7%. With more than 2,700 employees and 29 locations, it is a leading player in its core markets, including Geneva and Luxembourg.
Edmond de Rothschild lies at the heart of a unique ecosystem comprising agricultural, wine-growing and hospitality activities, family philanthropic initiatives, the Gitana offshore racing team and the Caron perfume house.