For its part, Vista Group Holding is strengthening its regional expansion with the acquisition of 99.99 per cent of the share capital of Saham Assurances Niger, now renamed Vista Assurances Niger. This transaction forms part of the group’s ambition to build an integrated banking and insurance ecosystem across the UMOA region, by consolidating an insurance sector that is still underdeveloped but has strong potential. Already active in the insurance sector in Guinea and Burkina Faso, Vista sees the Nigerien market as a strategic opportunity – despite its lack of structure – to roll out tailored protection solutions and strengthen the economic resilience of households and businesses.
(Source: FGI Studies and Research – Financial Afrik & Sika Finance)