CICA-RE’s investment in equity in the share capital of companies in the process of formation and administered companies

It should be recalled that one of the objectives of our Joint Company, in accordance with the provisions of the Agreement establishing the CICA-RE, is to "promote the development of national insurance and reinsurance business in Member Countries" . To achieve this objective, the Company should assist in the establishment and operation of national and sub-regional insurance and reinsurance institutions.

For example, CICA-RE has purchased share in the capital of the following companies:

• - Société Nationale d’Assurance Vie (SONAVIE) du Mali.
• - Africaine des Assurances (A.A.) du Bénin.
• - Société Nationale d’Assurances du Crédit (SONAC) du Sénégal.
• - Société ATLAS ASSURANCES en Côte d’Ivoire.
• - PAPME VIE S. A. du Bénin.

• - Compagnie Nationale d’Assurance (CNA) de Côte d’Ivoire.
• - Compagnie Nouvelle d’Assurance et de Réassurance (CNAR) du Mali.
• - Assurances LAFIA S.A. du Mali.
• - GENERALE DES ASSURANCES du Burkina.