(Business in Cameroon) - Zenithe Afrika-Vie, a new insurance company will soon start operations in Cameroon. This new company will then increase the number of life insurance companies operating in the country.
This company has been accredited in December 2017 in Libreville, Gabon by the regional insurance supervisory commission of Inter-African Insurance Market Conference (Conférence interafricaine des marchés des assurances-CIMA).
According to credible sources, Zenithe Afrika-Vie is the result of a partnership with the Cameroonian insurance company Zenithe Insurance and the Senegalese SONAM, the leader of its country’s insurance market.
Our sources reveal that the parties had set the basis of this new company in 2016, SONAM holding the majority of that company which was initially called Zenithe Life.