Coface is growing in Africa

After those of Cameroon and Gabon, companies in Côte d’Ivoire, Ghana and Senegal will be able to benefit from credit insurance expertise provided by Coface. The French insurer tied partnership with Axa in Côte d’Ivoire and in Senegal and with Activa in Ghana. These agreements enable Coface to provide thorough national and sectoral risks analyses. Credit risk activity is equally available along with the purchase of protection against customers’ payment default. Coverage of financial default risks is likely to foster bank loan release and access to the option of debt buyback. Coface is consolidating its number one position in Africa where it is operating in nine countries, five of which benefit from a direct offer of credit insurance.