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Insurance: Dayo takes control of Consass in Burkina Faso

26/08/2024
Source : ORISHAS-FINANCE
Categories: Sectors

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Dayo Burkina SA, the insurance brokerage firm founded by the Ivorian Déborah Gnagne, has taken control of Consass in Burkina Faso.

La prise de participation de Dayo intervenes in a context where African brokers are rather in retreat and international brokers are in the process of changing shareholders. Indeed, international brokers are caught in valuation patterns imposed by the market of their shareholders, which limit them to maximizing profit and preferring the short-term logic to that of the long term. In less than a year, Dayo's portfolio in Benin has grown and has more than 5,000 customers in the health sector

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