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

June 20, 2022 AELEX Admin 0 Comments

Ahmed Attout, Manager for Capital Markets Development at the African Development Bank (left), Adama Coulibaly, Ivorian Minister of Economy and Finance, and Karim Diarassouba, CEO of the reinsurance company CICA-RE. The African Development Bank signed an investment agreement of roughly €10 million with CICA-RE.

The African Development Bank has signed an agreement to invest in the Joint Reinsurance Company of Member States of Conférence Interafricaine des Marchés d’Assurances  (CICA-Re).

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