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The project involves an equity investment in Zep-Re (PTA Reinsurance Company), (“Zep-Re” or the “Company”) a leading African composite reinsurer that operates in various African markets with a focus on southern and eastern Africa. Zep-Re is a multilateral reinsurance company that was created by the governments of the Common Markets for East & Southern Africa (“COMESA”) to promote trade, development and integration within the COMESA through the provision of reinsurance services and products, as well as reduce the outflow of foreign currency.
Status
Active
Start Date
2015
Donor
Funding Instrument
Country
Region
Unique ID
328
Amount in USD (in million)
20.00