Sub-Saharan Africa-focused alternative asset management firm Capitalworks has agreed to acquire Aon’s shareholding in its African insurance brokerage and employee benefit operations in Angola, Kenya, Lesotho, Malawi, Mozambique, Namibia, Swaziland, Tanzania, Uganda and Zambia. Financial details of the transaction, which is pending regulatory approval, were not disclosed. Once regulatory approval is obtained, the new group will trade under a new name and will become Aon’s exclusive correspondent in these countries.