Samb'a Assurances Gabon to expand into Cameroon and the DRC

Samb'a Assurances Gabon, Central Africa’s first CIMA-accredited micro-insurance provider, is set to expand into Cameroon and the Democratic Republic of Congo (DRC), marking a major milestone less than a year after its launch.

The decision was approved by the company’s Board of Directors during a meeting held on 25 June 2025, chaired by founder and CEO Andrew Gwodog.

In addition to the regional expansion, the Board also approved:

• The financial statements for the fiscal year ended 31 December 2024
• A proposed capital increase via a public offering
• Plans for a stock market listing on the Bourse des Valeurs Mobilières de l'Afrique Centrale (BVMAC)

Samb'a began operations on 18 September 2024 and closed its first financial year with a turnover of 187 million FCFA (296 930 USD) and a net result of 54 million FCFA (85 740 USD).

For 2025, the company is targeting a turnover of 500 million FCFA (793 920 USD) and a net profit of 50 million FCFA (79 390 USD).