Zambia scales up weather insurance for smallholder farmers

The Zambian government has enrolled 1 million smallholder farmers under its Farmer Input Support Programme (FISP) on weather index insurance. Agriculture Minister Michael Katambo said the development is in line with government’s efforts to mitigate the vulnerability of smallholder farmers to climate change. Katambo said so far payouts amounting to…

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IFC grant to improve weather insurance for Zambian farmers

The International Finance Corporation (IFC) has extended a financial grant to Mayfair Insurance Zambia to improve its weather-based insurance product line for smallholder farmers in Zambia. The corporation says the performance-based grant will help meet the insurance needs of up to 400 000 Zambian farmers by December 2019. “Smallholder farmers…

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Kenyan livestock farmers in biggest insurance payout for drought yet

Kenya will pay US$32 million to 12 000 livestock farmers who have borne the brunt of the recurring drought in the Horn of Africa. Local media reported that the payout was the biggest yet under the Kenya Livestock Insurance Programme (KLIP). With backing from Swiss Re, an international reinsurer for agriculture, KLIP…

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