Burkina Faso hosts key insurance brokers’ federation ahead of Ouagadougou summit

Prime Minister Rimtalba Jean Emmanuel Ouédraogo met today with a high-level delegation from the Inter-African Federation of Insurance Brokers (FIAC), led by Acting President Vakaramoko Samaké. The purpose of the meeting was to discuss the upcoming 16th annual general assembly, scheduled for June 10–13, 2026, in Ouagadougou.

The summit’s central theme, “The role of insurance brokers in expanding access and boosting market penetration,” positions brokers as pivotal players in financial inclusion across West and Central Africa.

Over 200 delegates from 14 member countries of the Inter-African Conference on Insurance Markets (CIMA), along with representatives from Guinea-Conakry and Ghana, are expected to attend. Following the audience, Acting President Samaké praised the Prime Minister’s decision to sponsor the event, calling it a strong signal of government support for the sector.

Acting President Samaké highlighted the sector’s growing economic impact: “Today’s brokers do more than sell policies—they drive economic growth and job creation in our countries. This assembly marks the start of a qualitative leap, with financial inclusion as our compass.”

The Prime Minister welcomed the choice of Ouagadougou as the host city, calling it “a gesture of solidarity and brotherhood” toward Burkina Faso. Addressing regional perceptions, he stated: “Despite persistent misconceptions, our nation advances steadily across all fronts, as reflected in robust macroeconomic indicators.”

The Prime Minister underscored the summit’s alignment with government priorities, noting that insurance now plays a critical role in sectors like agriculture. “Rural communities rely on climate insurance to safeguard livelihoods. This proves risks are diversifying—and so must our coverage.”

Reaffirming the administration’s commitment to brokers as partners in resilience, he concluded: “Rest assured, we are ready to collaborate closely and act on your recommendations. Stay united and aligned with the demands of our time.”

This meeting reaffirms the government’s resolve to position insurance brokers as cornerstones of Burkina Faso’s economic rebuilding and resilience.