The Mauritian Sicom Group enters the capital of TDB
State Insurance Company of Mauritius (Sicom), through its subsidiary Sicom Global Fund, has become a shareholder of the Trade and Development Bank of Eastern and Southern Africa (TDB) for an investment of approximately $2 million in equity . This commitment makes the group the third Mauritian institutional shareholder of TDB alongside the National Pension Fund of Mauritius (NPF) and Eagle Insurance Ltd., and the 21st in the regional organization. According to Sicom Group Chief Investment Officer, Dev Gopy, the investment will further help the bank serve various projects in the region, "which can help trigger