AFIG acquires 29.9% of the NEM Insurance
Following the sale of NEM Insurance's shares, Advanced Finance & Investment Group (AFIG) becomes the majority shareholder of NEM. AFIG holds henceforth 29.9% of the company's shares.
AFIG is partnering, through this operation, with a high- growth and constant-profitability actor underlines Papa Madiaw Ndiaye, CEO of AFIG funds.
For NEM, this partnership is the result of a long strategic process whose objective is to identify and build a long-term relationship a with appropriate partner.
NEM Insurance was created in 1948. It markets a range of non-life insurance products designed for individuals and local companies. The company expanded its activities in Ghana in 2009.
Read also:
0
Your rating: None
Mon, 28/01/2019 - 14:25
The online magazine
Live coverage
11:51
04/24
04/24
04/24
04/24
Latest news