Lawrence Nazare, Group Managing Director, Continental Reinsurance Holdings

Continental Reinsurance Holdings is pleased to confirm the successful relocation of the Group Holding Company from Mauritius to the Republic of Botswana, following the completion of all logistical, statutory, and regulatory requirements. This milestone marks a pivotal step in the Group’s evolution and underscores our strong confidence in Botswana as one of Africa’s most stable and forward-looking financial services hubs.

Founded in Nigeria four decades ago, Continental Reinsurance has built one of the continent’s most trusted reinsurance networks, serving clients across more than 50 countries in Africa. The Group later moved its holding structure to Mauritius to accelerate access to global capital and strategic expansion.

Now, as Continental Reinsurance positions itself for its next growth horizon, Botswana has emerged as the preferred home for its future: a jurisdiction that combines stability, sound governance, financial sector reforms, and a commitment to long-term economic transformation.

The newly relocated holding company, manned by a team of professionals, will operate separately from the company’s well-established Botswana subsidiary, which has maintained a strong presence in Gaborone for the past 11 years. The Botswana subsidiary currently serves a growing client base, contributing meaningfully to the Group’s Africa-wide network of more than 1,000 cedants and brokers.

This move reflects our deep commitment to Africa, and our conviction that Botswana offers a uniquely enabling environment for long-term investment. The country’s stability, institutional maturity and progressive reforms provide the foundation we require as a Pan-African reinsurer with global ambitions. The culture and ‘botho’ infused into how Botswana, and Batswana, do business is something we are inspired by. Indeed, Botswana mirrors the values we embody: integrity in conduct, passion for our mission, collaboration rooted in mutual respect, responsiveness to evolving needs, and a relentless pursuit of excellence.

This relocation positions Botswana as an increasingly preferred destination for multinational financial services headquarters and reinforces the country’s growing reputation as a secure, well-governed and investment-ready economy. For Continental Reinsurance, it marks the beginning of a new chapter; one rooted in confidence, partnership and a long-term commitment to shared prosperity.