Cameroon: A new insurance company Zenithe Afrika-Vie to launch soon

Yaoundé - 21 March 2023 -

Insurance

Cameroon: A new insurance company Zenithe Afrika-Vie to launch soon

Comments

- Friday, 19 January 2018 14:26

(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.

BRM

Follow @investcameroun

CAR’s Touadéra agrees to revise the law on Bitcoin

car-s-touadera-agrees-to-revise-the-law-on-bitcoin

The President of the Central African Republic, Faustin Archange Touadéra, has pledged to respect the rules governing the financial environment of the...

Cemac Heads of State make progress on the CFA reform during their latest meeting

During their latest meeting last March 17 in Yaoundé, the Cemac Heads of State decided on a gradual revision of the monetary cooperation framework with...

Cemac: Bank credit supply to large companies down 18.2% YoY in Q3 2022

The volume of bank credit received by large companies in the Cemac region dropped by 18.2% year-on-year in the third quarter of 2022, official Beac data...

Hysacam blames disruptions in waste collection on fuel shortages

The Cameroonian Hygiene and Health Company (Hysacam) explained, in a statement published this week, the reasons behind the recent disruptions in its waste...