SORAS

eneral Manager. This split aimed at complying with insurance Laws and related Instructions that existing insurance companies should split into short term and long term activities. SORAS shareholders took that opportunity to increase SORAS stake in other business activities with a majority shareholding in a microfinance institution CFE AGASEKE, and in GENIMMO, a Real Estate Company. Finally, SORAS GROUP came as a result of this restructuring and it is composed of five companies:
SORAS GROUP, an investment and service company - Mother Company
Four affiliated companies in three sectors of activites:
• Insurance sector: SORAS General Business and SORAS Life Business;
• Finance sector: CFE AGASEKE;
• Real Estate: GENIMMO.