Ivorian insurtech startup WiASSUR has secured investment from the pan-African AXIAN Group to help it further roll out its offering. It has now sold a stake in its business to AXIAN Group, which invests through its subsidiary AXIAN Investment. A pan-African group present in 15 countries and specialised in five high-growth potential business sectors, including financial services, AXIAN becomes the second largest shareholder in WiASSUR and will assume a governance role. “WiASSUR shares AXIAN Group’s vision, which places positive impact at the heart of its DNA. “AXIAN Investment enables us to invest strategically in companies to create value while supporting economic development in Africa.

Source: The North Africa Journal October 08, 2024 09:42 UTC