🇬🇦GabonCentral Africa
Samb'a Assurances leverages founder's experience for BVMAC listing
via Gabon Review2 min read
Samb'a Assurances, a young company selected by UGRIF for Central African Securities Exchange BVMAC listing support, is led by Dr. Andrew Gwodog. Dr. Gwodog previously headed Société commerciale gabonaise de réassurance SCG-Ré from 2012 to November 2023, making it Central Africa's leading reinsurer. Under his leadership, SCG-Ré increased its capital by 5 billion FCFA in late 2022 for its own BVMAC introduction. Founded in September 2024, Samb'a Assurances focuses on digital micro-insurance for underserved populations, including informal sector workers, farmers, and small traders. The company has a pan-African shareholding with partners from Burkina Faso, Côte d'Ivoire, and Gabon. In just fifteen months, Samb'a Assurances saw its turnover grow from 188 million FCFA in 2024 to 443 million FCFA in 2025, a 136% increase, with a net profit of 33 million FCFA. It also reports an average claims settlement time of less than ten days for over 300 settled claims. This growth continued with the May 2026 launch of Samb'a Assurances Cameroun, capitalized at over 615 million FCFA with 59 shareholders. UGRIF's selection of Samb'a Assurances for its IPO project is based on the founder's financial market experience, established regional governance, and sustained growth.
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