Oromia Insurance Company (OIC), the lone index based insurer of livestock in the country, has launched a new scheme that will entail paying compensation for livestock ahead of the drought season instead of after, as it was originally done. Continue reading
Fred Segor, principal secretary in Kenya’s State Department of Livestock in the Ministry of Agriculture, Livestock and Fisheries and member of the board of trustees of the International Livestock Research Institute (ILRI), which is based in Kenya, recently announced that a large government-sponsored livestock insurance scheme would begin being implemented this October in Wajir, Turkana and Marsabit at a cost of Kshs80.9 million (about USD800,000). Segor said the cover would be escalated to cover 14 of Kenya’s northern counties, targeting 5,000 households in the short term, to help them cope with recurring drought. Continue reading
Using data from satellite imagery, insurers can assess the impact of drought on the vegetation that livestock need to survive. Could this be a lifeline for Kenyan farmers? Continue reading
Insuring animals who range with semi-nomadic herders across some of the harshest terrain on earth had defeated all previous efforts. Eventually he came across the work of a Kenyan economist, Andrew Mude of the International Livestock Research Institute (ILRI), based in Nairobi. Mr Mude has developed an insurance model that uses satellite images to assess the impact of drought on the vegetation that camels, cows and goats need to survive. . . . Continue reading
Livestock market in Wajir, where Kenya’s remote, never-before-insured livestock herders are getting their first protection from drought (photo credit: ILRI/Riccardo Gangale). ‘It was almost inevitable that the day chosen to make the first drought insurance payments in Wajir, in the arid north-east of Kenya, would be the same day the rains came. ‘Herders who lost sheep, cattle … Continue reading
Hassan Bashir is an astute entrepreneur, developing Africa’s first livestock insurance scheme to make payouts compliant with Islamic law, by bringing together Muslim scholars and number-crunching agricultural experts using NASA weather satellites. Continue reading
Shamsa Kosar, a beneficiary of Takaful livestock insurance payouts made in Wajir, northern Kenya, in March 2014. This novel insurance was made possible by an ILRI index-based livestock insurance research project in northern Kenya and southern Ethiopia (photo credit: ILRI/Riccardo Gangale). ‘Takaful Insurance will pay livestock farmers about Sh500,000 for losses incurred during the December … Continue reading
Goat herds return home at sunset in northern Kenya (photo credit: USAID/Donatella Lorch). ‘[Hussein] Ahmed, a pastoralist in Marsabit district in arid and semi-arid northern Kenya, lost all his animals in 2011 during one of the worst droughts in the region for over 60 years. . . . “Before that [I lost my animals] to cattle rustlers … Continue reading
Livestock farmers and herders in Kenya’s northern Isiolo District will soon be able to insure their animals against drought using an index-based insurance product (photo credit: Raimond Duijsens/NLRC). Three institutions have agreed to a Sh1.15-billion deal to reduce the effects of drought on pastoralists in Isiolo, in northern Kenya, where livestock farmers and herders have … Continue reading
Cattle herders at Goraye in Ethiopia’s lowland Oromiya region (photo on Flickr by Andrew Heavens). ‘The drylands of East Africa are home to millions of pastoralists, herders who move from place to place in search of water and pasture for their livestock. Drought years are tough for these families, who depend on their animals—cows, goats, … Continue reading
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