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African Development Bank to invest €10 million in reinsurance firm CICA-RE

African Development Bank to invest €10 million in reinsurance firm Conférence Interafricaine des Marchés d Assurances (CICA-RE)

African Development Bank to invest €10 million in reinsurance firm Conférence Interafricaine des Marchés d Assurances (CICA-RE) | The Guardian Nigeria News - Nigeria and World News — APO Press Releases — The Guardian Nigeria News – Nigeria and World News

The African Development Bank (www.AfDB.org) has signed an agreement to invest in the Joint Reinsurance Company of Member States of Conférence Interafricaine des Marchés d'Assurances (CICA-Re). Under the agreement, the African Development Bank will take a 6.56-billion FCFA stake (approximately €10 million) in CICA-Re and join its board of directors. Karim Diarassouba, chief executive officer of CICA-Re, […]

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