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Find all the economic and financial information on our Orishas Direct application to download on Play StoreDans l' intention de mener a feasibility study on the creation of a captive insurance company, the West African Development Bank BOAD and Africa Specialty Risks (ASR) have signed a new partnership. It was in Lomé yesterday, Monday, February 10, 2025
.The collaboration between BOAD and ASR reflects the commitment of both organizations to strengthen risk management practices and stimulate sustainable economic development in East Africa. West. As part of this agreement, ASR will act as a service provider, using its expertise to support BOAD in setting up and managing the captive. According to the president of BOAD, Serge Ekué, “this feasibility study represents a major advance in strengthening risk management and financial resilience in West Africa
.”For the latter, “BOAD is resolutely committed to using the credit insurance market to better manage its financial risks and increase its capacity to promote sustainable economic growth.” In reality, setting up a captive would allow the Bank to retain and manage certain specific risks, thus promoting more efficient use of capital and strengthened support for priority projects in UEMOA member states
.About BOAD
The West African Development Bank (BOAD) to promote un établissement public international qui a pour objet the balanced development of its member States and to promote the economic integration of West Africa by financing priority development projects. It is a joint financial institution for the development of the member countries of the West African Economic and Monetary Union (UEMOA
).About ASR
Africa Specialty Risks (ASR) provides comprehensive risk mitigation solutions through high-quality underwriting to local and international clients in Africa and the Middle East, with operations in London, Mauritius, Bermuda, Bermuda, Morocco, and & agrave; Dubai. Since its launch, it has contributed to reducing risks on projects and assets worth a total of 23 billion dollars
, spread across 63 countries.
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18/04/2025 - Secteurs
18/04/2025 - Secteurs
18/04/2025 - Secteurs
