Togo
OLEA Togo
Managing Director
Marc Philippe Laban
Managing Director
Graduate of an MBA Audit & Risk Management as well as of an ARM 54, Marc-Philippe LABAN has six years of experience in major account loss management (AIG and Gras Savoye). He joined Siaci Saint Honoré in May 2013 as Liability Production Account Manager (General Civil Liability, Professional, Environment), risk on which he performs investments, advisory missions both in France and abroad. He joined Olea in Togo at the end of 2017 as Deputy Chief Executive Officer.
The Subsidiary
| Date Established | 2017 |
|---|---|
| Employees | 22 |
| Address | Avenue Augustino De Souza 06 BP 62245 Lomé TOGO |
| togo@olea.africa | |
| Languages | English French |
Some Key Figures
Country population: 9.05 Million (2023 census)
GDP per Capita: $1,013 (2023)
GDP growth in 2023: 5.2 %
GDP growth in 2024: 5.1 % (forecast)
Mining resources (phosphate, limestone and clay transformed into clinker) and agricultural resources (coffee, cocoa, cotton).
West Africa's only deep-water port (Port of Lomé), potential to become a regional hub.
Public and private investment in infrastructure.
Structural reforms underway (public finance, banking system, agriculture, phosphate and cotton sectors).
Member of UEMOA and ECOWAS.
Most external debt is concessional.
Market size: 140.9 Million USD per year
Insurance penetration rate: (as % of GDP) 1.1%