Atlas Magazine March 2012

FANAF, an operational model

The 36th general assembly of FANAF (the Fédération des Sociétés d’Assurances de Droit National Africaines) was held from February 20 to 23, 2012 in Kigali (Rwanda). This annual meeting has become an essential event for any insurance professional interested in Africa.

Contrarily to the widespread perception, FANAF is not a club designed for West Africa alone, but it is open to all African countries without exception.

Meeting once a year, during 36 years stands as a great achievement. This can only prove that the organization is functioning well. No other insurance association or professional pool, as experienced, exists anywhere else in Africa.

The 164 member companies registered in 26 countries have managed to overcome all kinds of political or other problems focusing relentlessly on the craft they know best, insurance. FANAF is a professional organization upon which States have no influence whatsoever.

It is equally a democratic organization where all partisanships are represented. With the exception of the permanent secretary general, the organization’s genuine memory, all other members are either elected or designated by their peers. The result is a subtle melting pot including countries, insurance groups of African or foreign origins, big and small where everyone chips in.

Eventually, the Kigali conference has enabled hundreds of participants to discover Rwanda, a country that managed to seize the event to exhibit its new look and ambitions, those of a future "Dubai" of the Great Lakes region.

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