IFC invests in Assupol

International Finance Corporation (IFC), member of the World Bank, is investing 20 million USD in Assupol, Assupol Life’s parent company, which has become a limited company in 2010. This company is intent on consolidating its presence among low-income households. Founded in 1913, Assupol is well established throughout the territory of South Africa where it has been marketing life, accident, disability, retirement, and also savings and investment policies.