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