Building for impact #1 - SCOR and the African Risk Capacity (ARC)
There are many challenges in Africa inhibiting the implementation and development of resilient agriculture insurance programs. Natural catastrophes such as drought are increasingly prevalent, adversely impacting farming communities and particularly smallholder farmers in Africa.
Agriculture is by far the single most important economic activity in Africa. It provides employment for around two-thirds of the continent’s working population and for each country contributes up to 60% of GDP and makes up around 30% of the value of exports.
In this video, our reporter interviews Swapnil Soni and Lesley Ndlovu, our partner the African Risk Capacity.