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AXIAN Group acquires strategic stake in WiASSUR to strengthen African insurance footprint

Sep 26, 2024

Acquiring Company

AXIAN Energy

Acquired Company

WiASSUR

Côte D'ivoireFinancial ServicesInsuranceFinancial ServicesInsurtechInsurance

Description

AXIAN Group, through its subsidiary AXIAN Investment, has acquired a significant stake in WiASSUR, an innovative insurance start-up based in Côte d’Ivoire. This acquisition is a key milestone in AXIAN Group’s growth strategy within the insurance sector, aiming to accelerate digitalization and promote financial inclusion across Africa.

Quick answer

AXIAN Energy is acquiring WiASSUR, announced September 26, 2024.

How much did AXIAN Energy pay for WiASSUR?
The deal value was not disclosed.
What does AXIAN Energy do?
AXIAN Energy is a leading energy company focused on sustainable solutions across Africa.
Where are AXIAN Energy and WiASSUR based?
WiASSUR is based in Côte D'ivoire.
Who are the decision-makers at AXIAN Energy?
Fundz holds 5 contacts at AXIAN Energy. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

AXIAN Energy

About

AXIAN Energy is a leading energy company focused on sustainable solutions across Africa. The company specializes in renewable energy projects, specifically in solar and other green technologies. Its mission is to foster energy inclusion and create opportunities in the regions it serves. AXIAN Energy aims to improve community lives through clean energy initiatives.

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Frequently asked

Who acquired WiASSUR?

WiASSUR was acquired by AXIAN Energy. The deal was reported on September 26, 2024. AXIAN Energy is a leading energy company focused on sustainable solutions across Africa. The company specializes in renewable energy projects, specifically in solar and other green technologies. AXIAN Energy is privately held and operates in Financial Services.

When did AXIAN Energy acquire WiASSUR?

AXIAN Energy's acquisition of WiASSUR was reported on September 26, 2024. AXIAN Group, through its subsidiary AXIAN Investment, has acquired a significant stake in WiASSUR, an innovative insurance start-up based in Côte d’Ivoire. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does WiASSUR do?

WiASSUR is a Côte d’Ivoire-based insurance broker that is transforming the industry by delivering a fully digital customer experience and offering tailored solutions to meet the evolving insurance needs of its clients. It is privately held, operating in Financial Services, and is based in Côte D'ivoire.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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