Private Equity To Sell 50% In Continental Re

Private equity firm Emerging Capital Partners

Private equity firm Emerging Capital Partners plans to sell its 50.6 per cent stake in Continental Reinsurance, the African insurer said in a filing with the Nigerian Stock Exchange.

Emerging Capital Partners is the majority shareholder in Continental Reinsurance, which has operations in Cameroon, Ivory Coast, Kenya, Nigeria and Tunisia. (Reporting by Chijioke Ohuocha; Editing by David Goodman