AXA has announced the establishment of a new regional entity named AXA Afrique Atlantique, where the company looks to group the markets of Cameroon, Gabon, Ivory Coast, Morocco and Senegal under a single organisational structure.
Gabon-based SAMB'A Assurances, a pioneer in microinsurance in the Central African Economic and Monetary Community (CEMAC), has made a step closer to going public on the Bourse des Valeurs Mobilieres d'Afrique Centrale (BVMAC).
Microinsurance start-up Samb'a Assurances Gabon is planning to expand to Cameroon and the Democratic Republic of Congo (DRC), the company revealed in a media statement.
The Gabonese Commercial Reinsurance Company (SCG-Re), a subsidiary of the Gabonese Strategic Investment Fund (FGIS), is expanding into East Africa, and to Tanzania in particular.
Gabon has become the pioneer of microinsurance in the Central African Economic and Monetary Community (CEMAC), following the establishment of SAMB'A Assurances Gabon, the first company to offer microinsurance in the zone.
Société Commerciale Gabonaise de Réassurance (SCG-Re) has achieved a listing on the Central African Securities Exchange (BVMAC), becoming the first reinsurance company approved by the Inter-African Conference on Financial Markets (CIMA) to be listed on the stock exchange.
Subscriptions to the public offer for sale of shares of Société Commerciale Gabonaise de Réassurance (SCG-Ré) closed successfully on 30 November.
Société Commerciale Gabonaise de Réassurance (SCG-Re) has launched its international roadshow to publicise its proposed public offering aimed at raising FCFA5bn ($7.6m).
Gabonese reinsurer Société Commerciale Gabonaise de Réassurance (SCG-Re) has announced that it has received approval for an initial public offering (IPO) from the Financial Market Surveillance Commission of Central Africa (COSUMAF).
The Gabonese Federation of Insurance Companies (FEGASA) is currently involved in a drive to establish digital technology in the insurance industry as a strategic lever for economic transformation and social inclusion.