Morocco’s Saham Aquires 40 pct of Leading Nigerian Insurance Company Unitrust

Morocco’s Saham Aquires 40 pct of Leading Nigerian Insurance Company Unitrust

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Moulay Hafid Elalamy.

Morocco’s insurance company Saham has acquired a 40 percent share in Nigeria’s leading insurance company Unistrust Insurance Co.

The transfer amount of the transaction was not disclosed by neither parties.

Saham was founded by current Moroccan Minister of Industry Moulay Hafid Elalamy back in 1995.

The Moroccan Times.