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BOAD and CICA-RE Enter Into a Strategic Partnership to Promote Insurance for Development Financing in West Africa

Summary by Financial Afrik
The West African Development Bank (BOAD) and the Joint Insurance Company of the Member States of the Inter-African Conference on Insurance Markets (CICA-RE) are taking a new step towards consolidating the regional financial architecture. On 7 July 2026 in Lomé, the two institutions signed a strategic partnership agreement to further integrate insurance and reinsurance mechanisms into the financing of development projects within the West African …
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The West African Development Bank (BOAD) and the Joint Insurance Company of the Member States of the Inter-African Conference on Insurance Markets (CICA-RE) are taking a new step towards consolidating the regional financial architecture. On 7 July 2026 in Lomé, the two institutions signed a strategic partnership agreement to further integrate insurance and reinsurance mechanisms into the financing of development projects within the West African …

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Financial Afrik broke the news on Wednesday, July 8, 2026.
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