SAMB’A Assurances said it plans to list its shares on Central Africa’s regional stock exchange, becoming one of the few insurers to seek public funding on the Bourse des Valeurs Mobilières d’Afrique Centrale (BVMAC). The Gabon-based microinsurance firm has appointed Horus Investment Capital as lead arranger and manager for the planned initial public offering. Horus, which is licensed by regional regulator Cosumaf, will oversee the preparation of regulatory filings and offer documents. The move comes as activity picks up on the small regional market, where BGFI Holding Corporation is currently running an IPO. SAMB’A’s decision adds to signs that companies in the CEMAC region are turning to equity markets to fund growth and strengthen balance sheets. SAMB’A Assurances, which operates under approvals from insurance regulator CIMA and Gabon’s Ministry of Economy, said the listing would support investment in digital systems and help expand access to insurance products across Central Africa....