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GIIF January Newsletter in 202e features team news, events, blogs, highlights, and interviews.
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GIIF October Newsletter in 2022 features team news, events, blogs, highlights, and interviews.
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GIIF July Newsletter in 2022 features team news, events, blogs, highlights, and interviews.
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Located in the heart of Africa, with a land surface area of 2.3 million km2, the Democratic Republic of Congo (DRC) is the largest country in Sub-Saharan Africa (SSA) with rich soil and subsoil; over 80 million ha of fertile and arable land and 52 percent of all freshwater resources in SSA. Agriculture accounts for about 20 percent of GDP and employs some 70-75 percent of the economically active population[1]. DRC could potentially feed the entire African continent, yet it is currently unable to adequately feed its own population. The immense potential of the agricultural sector as a vehicle...
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GIIF April Newsletter in 2022 features team news, events, blogs, highlights, and interviews.
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A COP26 Special Edition GIIF Newsletter released in December of 2021 featuring team highlights, events, blogs, interviews, and new annoucements.
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GIIF October Newsletter in 2021 features team news, events, blogs, highlights, and interviews.
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ASSOCIATION OF KENYA INSURERS AND ASSOCIATION OF KENYA REINSURERS ORGANIZE THE KENYA AGRICULTURE INSURANCE TRAINING SESSIONS From May 10th to July 29th, 2021, the Association of Kenya Insurers (AKI) and the Association of Kenyan Reinsurers organized the ‘Kenya Agriculture Insurance Training’: a series of virtual training sessions focused on developing the agriculture underwriting skills of insurers, brokers, claims- and business development staff, analysts, actuaries, and students in agriculture and insurance. Webinars like this are aligned with the main sponsor (AKI)’s mission which seeks “...
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Global Index Insurance Facility (GIIF)
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On February 4, 2020, GIIF clients AXA Cameroun and ACTIVA Assurances held the first compensation ceremony for insured cotton farmers who experienced production losses during the 2019 cropping season. The event was organized together with the umbrella association of Cameroonian cotton farmers (CNPCC) and SODECOTON, the main cotton company of Cameroon. The event was sponsored by IFC, through the Global Index Insurance Facility (GIIF). The ceremony was chaired by the Governor of the Northern Region and was marked by an impressive turnout of close to a hundred participants, including staff from...
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English
The linkage between agriculture and climate change is undeniable. Any change in the climate has significant effects on crop yields and livestock, which intensifies the agriculture sector’s vulnerability to weather and disaster risks. More frequent extreme weather events and natural disasters distress the poor and the vulnerable most heavily and, as a result, agricultural and index-based insurance products have increasingly been regarded as significant tools for smallholder farmers to protect themselves from financial losses. As we know, insurance normally provides valuable access to credit...