Magazine date:
Jul 2021 
Farid Chedid, founding president of Chedid Capital, aims at doubling the group's turnover achieved in Africa in 2020. The premiums would thus rise from 260 million USD in 2020 to 500 million USD in 2025.
This goal could be reached thanks to the acquisition in 2020 of the Monegasque group Ascoma.
Such transaction has enabled the Lebanese investment company to strengthen its position in French-speaking Africa.
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