As part of its development strategy, the Nsia Group recently signed an agreement with the Sanlam Group. It consolidates its leading position in bancassurance in West and Central Africa.

With the acquisition of four insurance subsidiaries belonging to the Sanlam Group, the NSIA Group is strengthening its positioning, its volume of activity, its equity and its profitability. According to a press release, this operation, subject to the validation of the supervisory authorities of Cima, Cemac and the Central Bank of the Republic of Guinea, is an important step for the development of the Nsia Group in Togo, Gabon, Congo and Guinea. The agreement with the Sanlam Group is structured in two parts: the sale to Sanlam of the life and non-life subsidiaries of Nsia in Mali to meet the strategic need to refocus the geographical coverage of the insurance division, and the takeover of the four subsidiaries of the Group Sanlan who are in Togo, Gabon, Congo and Guinea. The Nsia Group anticipates synergies induced by these acquisitions. Whether on the human, organizational or business aspect, the integration of new subsidiaries is an important lever for the development of the Group's insurance activity.