Cameroon: towards an increase in the capital of AGC Assurance to 5 billion FCFA




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The company Assurances Générales du Cameroun (AGC) operating in the branches of IARD activities (Fire, Accidents, Miscellaneous Risks) plans to increase its share capital by 60% during the mixed general meetings scheduled for May 25 in Douala According to the notice of meeting sent to the shareholders, it will mainly be a question for this entity of the Kadji group, to increase the share capital to 5 billion FCFA (78 million dollars) against 3 billion FCFA (47 million dollars). ) currently. A provision is specified which is in line with the prescriptions of the Inter-African Conference on Insurance Markets (CIMA) which should enter...