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AFG Group to expand in West and Central Africa

Posted On: Dec. 4, 2023 9:56 AM CST

M&A

Romeo Bouba, deputy managing director of the finance department at AFG Holding, said that the group has recently purchased a Cote d'Ivoire-based insurance company as part of its strategy to expand in West Africa, Central Africa and the Indian Ocean region, Middle East Insurance Review reported. The AFG group currently operates five insurance companies based in Benin, Cameroon, Mali, and Comoros.