Posted by: APO | 7 July 2020

Madagascar receives USD 2.13 million from African Risk Capacity Insurance Company Limited Policy for Drought Response

The Government of Madagascar today received a symbolic cheque in the amount of USD 2,13 million from the African Risk Capacity Insurance Company Limited (ARC Ltd) to cover anticipated losses to livelihoods of its vulnerable population from the crop failure in the just concluded farming season. The ARC payout is the result of drought insurance taken by the country with the support of the African Development… Read more on https://african-union.africa-newsroom.com/press/madagascar-receives-usd-213-million-from-african-risk-capacity-insurance-company-limited-policy-for-drought-response?lang=en


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