IFC invests 117.6 million USD in Saham Finances

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IFC, member of World Bank Group and of IFC ALAC Fund, is planning to invest 90 million EUR (117.6 million USD) in Saham Finances, holding company of CNIA SAADA, a major player in the Moroccan insurance business. Saham Finances has announced that this contribution will help strengthen investments in sub-Saharan Africa where it purchased the group Colina, well-established in this part of the world.

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Wed, 17/04/2013 - 16:27
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