On 16 April 2024, Wafa Assurance Vie Gabon, a subsidiary of Wafa Assurance, was granted approval by the Regional Insurance Control Commission, the insurance sector regulator of the Inter-African Conference of Insurance Markets (CIMA), to operate a Life branch in Gabon.

Thanks to its presence in 6 African countries (Morocco, Ivory Coast, Senegal, Cameroon, Tunisia and Egypt), where it has a turnover of around 13 billion dirhams, Wafa Assurance is strengthening its activities on the continent, especially in the CIMA zone. by integrating a promising market.

With a registered capital of 5 billion CFA francs (approximately 82 million dirhams), Wafa Assurance Vie Gabon seeks to actively participate in the development of the life insurance sector in Gabon through a diversified product offering (savings and death). as many people as possible and distributed through appropriate channels.

Wafa Assurance thus confirms its desire to put its expertise at the service of the development of the African continent by benefiting from its position as a leader in insurance in Africa (excluding South Africa) and from the synergies developed with the Attijariwafa Bank Group.