Fin.Ouest Africain (FOAF.PA), formerly known as Compagnie Financière de l'Ouest Africain SA, operates as a financial services group headquartered in Dakar, Senegal, and founded in 1951. The company provides a range of insurance, investment, and wealth management products and services primarily to individuals, private and public companies, and organizations across West Africa. Its core offerings are organized into three main segments: general and life insurance through AMSA Assurances, including property and casualty insurance such as car, personal, business risk, transportation, and multi-risk policies; life insurance encompassing savings and providence contracts; health insurance; financial investments in bonds, equities, and shares of listed and unlisted companies; and wealth management via AMSA Reality, which focuses on building and managing real estate assets.
The company maintains operations in Senegal, Togo, and Côte d'Ivoire, targeting clients in the West African Economic and Monetary Union (WAEMU) region within the broader financial services industry. In recent developments, Fin.Ouest Africain has undergone a name change to reflect its expanded regional focus as Compagnie Financière de l'Afrique de l'Ouest Africain SA, signaling a strategic shift toward broader West African market penetration. While no major funding rounds, acquisitions, or new product launches have been publicly announced in the last 1-2 years, the company continues to emphasize its insurance portfolio through subsidiaries like AMSA Assurances and AMSA Reality, with stable stock performance showing a 118.5% return over the past year as of late 2025.