Sub-Saharan Africa

Index Insurance Creates Steady Income for Kenyan Farmers
For Jeremiah Kithaka, farming maize on his three acre farmland is the primary source of livelihood enabling him to provide for his family of four. However, with changing rainfall patterns, delayed starts to the rainy seasons and longer and more frequent dry periods, Jeremiah has seen vast volatility in his income levels over the past few years.
Agri-Finance Takes Major Leaps In Burkina Faso
"Farming in Burkina can be very challenging. Uncertain weather conditions can have severely damaging impact on harvests and the ability of smallholder farmers to continue farming," says Sou Campaore, a 42-year old cotton farmer from Houndé, a farming village just outside Dedougou, a city in the western corridor of Burkina Faso. "Since the income from such an unpredictable harvest is not steady, we don’t get access to capital in order to implement more efficient farming practices and purchase better inputs. A bad season can also have a telling effect on the health and social position of
Using Satellite Data for Index Insurance
Satellite Technology and its continued advancement is critical to the relevance and accuracy of index insurance products as a counter against weather-related risks. The World Bank Group’s Global Index Insurance Facility (GIIF) in partnership with its regional partners has been working with researchers and scientists to refine satellite technology for index insurance product design.
Supporting effective regulation and supervision of index-insurance in Francophone Africa
The development of sustainable index-insurance markets requires enabling legal and regulatory environments The adoption of the “CIMA Book VII” on April 5th 2012 was a major milestone allowing and regulating the development ofmicroinsurance and index-insurance for 15 countries in the Inter-African Conference on the Insurance Market or CIMA region In addition to this regional regulatory change, the Global Index-insurance Facility (GIIF) has supported national insurance supervision agencies with this transition. In particular, GIIF has assisted the Senegalese Insurance Supervision Agency with the
Turning the tide on rural poverty requires innovative new products
Fifty-five year old Niyitegeka Veneranda lives in rural Rwanda. She and her husband are parents to seven children and grandparents to five. They farm less than a hectare of their own land, yet she has been able to build a small house, feed her family, and send her last three children to school. She expanded her rice production recently with a loan from a local bank made possible through agricultural insurance, and plans to expand her acreage with another loan next year.
5th Annual Africa Insurers and Reinsurers Conference
The 2015 Africa Insurance & Reinsurance Conference will keep you up-to-date with the latest industry developments, marketing strategies and product innovations relevant for the African market. New technologies, development of new client segments and the overall economic growth in the continent is not only forcing regional insurers to rethink the way they conduct business but also forcing the global players to look at Africa as a strategic market for growth.At the 4th Annual Africa Insurance and Reinsurance Conference, will focus on key fundamentals to the business of insurance and discuss how
Agriculture Insurance Conference - How can we make it work to contribute to food security?
The Conference will focus on how agricultural insurance and food security are linked and how this link is relevant for future development efforts. It will sharpen the understanding under what circumstances and how agricultural insurance can best contribute to food security and provides a platform to share experiences. The Conference welcomes food security and agricultural insurance experts, development organizations, insurance policy makers and regulators, academia and representatives from the private sector. View AIC 2014 panelist interviews here.
10th International Microinsurance Conference 2014
From 11 to 13 November 2014, the 10th International Microinsurance Conference will take place in Mexico City. Around 500 participants and experts from around the world will exchange views and discuss the challenges of microinsurance. The participants will include representatives of insurance and reinsurance companies, international organisations, NGOs and development-aid agencies as well as academics, policymakers, and supervisory regulators.
Weather Index-Based Insurance: An ex ante Evaluation for Cotton Cameroon
Full Publication Cotton is the major cash crop of Cameroon, however, even if it represents a quarter of agricultural exports it is only about six percent of total exports (Gergerly, 2009). The cotton society: SODECOTON (Soci´et´e de D´eveloppement du Coton du Cameroun) and the CMDT its Malian counterpart, are the only West African cotton societies that are still public monopsonies. Those parastatals are thus the only agent in the country to buy cot- ton from producers at pan-seasonally and -territorially fixed price (Delpeuch and Leblois, forthcoming). The national cotton producers
Weather Index-Based Insurance in a Cash Crop Regulated Sector: Ex Ante Evaluation for Cottom Producers in Cameroon
Source: ILO Impact Insurance Full publication In the Sudano-sahelian region, which includes Northern Cameroon, the inter-annual variability of the rainy season is high and irrigation is scarce. As a consequence, bad rainy seasons have a massive impact on crop yield and regularly entail food crises. Traditional insurances based on crop damage assessment are not available because of asymmetric information and high transaction costs compared to the value of production. Moreover the important spatial variability of the weather creates a room for pooling the impact of bad weather using index-based