Sonavie

Adama Diallo serves as General Manager of Sonavie (per Altss research). The firm operates under the majority ownership of GAMMA, a holding group co-founded by Mamadou Touré, Sonavie's former Managing Director and current Chairman of sister company SABUNYUMAN. Investment decisions are made within this group governance structure, with capital deployed across WAEMU government securities and direct Malian real estate.

Sonavie is a life insurance subsidiary majority-owned by GAMMA (Groupement d'Assurances Modernes Multiformes en Afrique), a holding company active in West African insurance markets. SABUNYUMAN is Sonavie's sister company within the GAMMA group, specializing in non-life lines. Mamadou Touré, a Sonavie co-founder, also chairs SABUNYUMAN.

Sonavie allocates policyholder premiums to two main asset classes: a portfolio of sovereign securities issued within the WAEMU bloc — encompassing eight West African states that share the CFA franc — and direct commercial real estate in Bamako, including the Immeuble SONAVIE property in the Hamdallaye ACI 2000 district. This income-oriented allocation reflects the limited depth of Mali's domestic capital markets.

Yes. Sonavie's group has co-invested alongside Investisseurs & Partenaires (I&P), a Paris-based impact investment firm, and BNDA Mali (Banque Nationale de Développement Agricole) in the creation of Zira Capital, a vehicle targeting Malian financial sector initiatives. The firm also maintains a strategic partnership with BNDA Mali.

Sonavie is a regulated Malian life insurance company and a member of FANAF (Fédération des Sociétés d'Assurances de Droit National Africaines), the regional federation coordinating insurance regulation and professional standards across Francophone Africa. Its investment activities are governed by WAEMU insurance codes and CIMA (Conférence Interafricaine des Marchés d'Assurances) supervisory norms.