Groupe Ascoma is the leading independent insurance brokerage network in Sub-Saharan Africa, with a history tracing back to 1952. It spans 23 subsidiaries in 21 countries and operates in high-growth markets, managing more than 300 million Euros in premiums in 2023. The group's network counts 850 employees, spanning 23 subsidiaries in 21 African countries, and covering 54 countries in Africa and Mauritius through its own correspondent network.

https://ascoma.com/

Groupe Ascoma

Chedid Capital is a leading investment group in the insurance and reinsurance fields. It operates across Europe, the Middle East, Africa, and South Asia, managing more than 1 billion Euros in premiums through its network of 64 subsidiaries and 1,600 employees from 50-plus nationalities across three continents.

https://chedid-capital.com/

Chedid Capital

Chedid Capital has acquired the remaining 20% stake in Groupe Ascoma, making it the sole owner of the leading independent insurance brokerage network in Sub-Saharan Africa. This acquisition further solidifies Chedid Capital's position in the insurance and reinsurance fields and marks a significant step in its expansion across the African continent.

Chedid Capital acquires remaining 20% stake in Groupe Ascoma

Chedid Capital acquires remaining 20% stake in Groupe Ascoma

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