Jamii Africa gets backing from NewWave Technologies

Jamii Africa, an insuretech start-up based in Tanzania, has received an undisclosed investment from NewWave Technologies’ founder Patrick Munis. NewWave is a full-service information and business services firm based in the US.

Munis will also lead a USD 2mn investment seed round, which will enable the start-up to expand its presence in Tanzania and launch in Kenya.

About Jamii Africa
Jamii Africa provides health insurance policies at USD 1 a month to the underserved population in Tanzania.