(Business in Cameroon) – Jean Kacou Diagou, CEO of NSIA financial group, Jean Kacou Diagou, met with Cameroon’s Minister of Finance, Louis Paul Motazé, in Yaoundé on June 5, 2025. Following the meeting, Diagou expressed his intention to diversify NSIA’s activities in Cameroon.
“As economic operators, and already present in Cameroon through NSIA Assurances and NSIA Vie Assurances, we discussed this,” Diagou told the press. “I also informed him of our intention to expand further into the financial and banking sector, specifically to see what we can do to support the Cameroonian economy, as we do in Côte d’Ivoire, for example.”
Primarily active in the insurance and banking sectors, NSIA also has interests in real estate and technology. This pan-African financial group currently operates in 12 Francophone, Anglophone, and Lusophone African countries.
Its insurance division comprises 21 companies, while its banking arm includes three banks in Benin, Ivory Coast, and Guinea, along with two banking branches in Senegal and Togo. As of December 31, 2023, NSIA group reported a consolidated net profit of 35.9 billion CFA francs, an increase of 11 billion CFA francs (46%) compared to 24.5 billion CFA francs in 2022.
BRM
