Directorate / Drought / East Africa / Event / Food Security / ILRI / Insurance / Kenya / Pastoralism / UK / Vulnerability

Innovative livestock insurance scheme for remote Kenyan herders was dreamed up at Cornell

Jimmy Smith, director general of the International Livestock Research Institute (ILRI), speaks at an event in Marsabit town, in northern Kenya, where several hundred livestock herders were given payouts for livestock insurance that they took out earlier (photo on Flickr by Neil Palmer/CIAT). ‘In the midst of a drought-induced food crisis affecting millions in the … Continue reading

Agriculture / Drought / East Africa / ILRI / Insurance / Kenya / Rwanda

Index insurance pushes farmers closer to cover

The development of the financial services sector is emerging as potential boon to agriculture in East Africa, with up to 40,000 farmers in Kenya and Rwanda set to gain from a new insurance scheme targeting losses to bad weather. The scheme comes at a time when Kenya is recovering from a prolonged drought in 2009 … Continue reading

Africa / Central Africa / Drought / Drylands / DRYLANDSCRP / East Africa / ILRI / Insurance / Kenya / Pastoralism / Rwanda

World Bank group supports ILRI livestock insurance project in northern, pastoral Kenya

ILRI is working with insurance companies to train livestock herders in Kenya’s northern drylands in the benefits and costs of a new index-based livestock insurance first made available in Marsabit District in 2010 (photo credit: ILRI/Mude). ‘IFC, a member of the World Bank Group, today signed agreements with three partners  to expand access to insurance … Continue reading