Madagascar Receives US$797,049 From The African Risk Capacity Group And The African Development Bank For Drought Response

Representatives from the African Risk Capacity Group and the African Development Bank presented a symbolic US$797,049 cheque to the Government of Madagascar following delayed rains during the 2021-2022 agricultural season, which resulted in drought conditions across the country, particularly in the Grand South. The ARC payout is the result of drought insurance taken by the […]

...

The African Risk Capacity Group And The African Development Bank Make A $14.2 Million Drought Recovery Insurance

Payout To The Government Of Malawi In a ceremony presided over by His Excellency, the President of the Republic of Malawi, Dr Lazarus McCarthy Chakwera, the Chairperson and Deputy Chairperson of the African Risk Capacity Group, in the presence of Representatives of Partners organisations (Ambassador of Germany to Malawi), and of the UN system (WFP […]

...

The African Risk Capacity Group (ARC Group) And The African Development Bank Provide US$5.3 Million To The Government Of Zambia For Drought Response

Representatives from the African Risk Capacity Group and the African Development Bank presented a symbolic US$5.3 million cheque to the Zambian Government, to aid in the country’s recovery from the extreme drought event during the 2021/2022 agriculture season. The payout is the result of drought insurance taken out by the Government of Zambia under the […]

...