logoBC
Yaoundé - 13 April 2024 -
Insurance

FANAF presidency : Théophile Gérard Moulong withdraws from the race

FANAF presidency : Théophile Gérard Moulong withdraws from the race
  • Comments   -   Thursday, 20 February 2020 14:29

(Business in Cameroon) - On February 20, 2020, in Libreville, Gabon, Théophile Gérard Moulong – the Cameroonian who declared his candidacy for the presidency of the FANAF (Federation of African National Insurance Companies) months ago - withdrew from the race.

I ask my supporters to vote massively for César [ ed.note: Ekomié-Aféné]. He should be elected with massive support,” he said.

 His withdrawal from this election planned to take place during the 44th General Assembly (scheduled to close on 21 February 2020) of this organization, thus opens the way for the plebiscite of Gabonese César Ekomié-Aféné, director of Nsia Assurances companies in Gabon, Congo, and Senegal.

By withdrawing his candidacy, the Cameroonian candidate still wished that his compatriot Jacob Sindze would join the new governing body of the Fanaf. “I also ask all my supporters and César to vote for the Cameroonian candidate Jacob Sindze. Not because he is a Cameroonian, but because I want the Cameroonian market [ed.note: of insurance] to actively participate in the animation of our federation,” said Théophile Gérard Moulong.

Informed sources see this withdrawal as the result of a proactive strategy led by Nsia group for the  Gabonese candidate, but above all, also as a desire to assign the post to a national of another Central African country, other than Cameroon.

Indeed, a credible source points out that the last three time it was the Central African region’s turn to assume the presidency of the FANAF, only Cameroonians were elected. The last three being Paul Tsala, Richard Lowé, and Protais Ayangma Amang.  

BRM

air-peace-expands-service-with-new-route-from-abuja-to-yaounde
Nigerian airline Air Peace has expanded its operations in Cameroon with the opening of a new flight route from Abuja, Nigeria's capital, to Yaoundé, the...
cameroon-cuts-rice-prices-following-import-deal-with-india
The Cameroonian Ministry of Commerce announced yesterday a significant reduction in rice prices effective Friday. This price adjustment follows the...
cameroon-exported-657-3-tons-of-palm-oil-in-2022-despite-production-shortfall
Cameroon, grappling with a chronic shortage of palm oil production, exported 657.3 tons of the commodity in 2022. This export generated about 713.6...
cameroon-s-trade-deficit-worsens-over-six-years-despite-import-substitution-efforts
Cameroon’s trade deficit has significantly worsened from 2017 to 2022, totaling a loss of CFA256 billion over the six-year period, according to the...

Mags frontpage


Business in Cameroon n110: April 2022

Covid-19, war in Europe: Some Cameroonian firms will suffer


Albert Zeufack: “Today, the most important market is in Asia”


Investir au Cameroun n120: Avril 2022

Covid-19, guerre en Europe : des entreprises camerounaises vont souffrir


Albert Zeufack: « Le marché le plus important aujourd’hui, c’est l’Asie »