Unlocking African Farmers’ Resilience Through Innovative Finance

About The Event

Recent estimates suggest that less than 3% of African smallholder farmers have access to insurance coverage to protect them from climate-induced losses. With the African continent being increasingly affected by climate challenges, innovative products must be developed to build climate resilience among farmer communities and ensure that agricultural production is maintained. However, the adoption of agricultural insurance faces various challenges that need to be addressed to successfully scale this climate risk mitigation approach.

This event will present current agricultural financial tools. including insurance initiatives across the African continent, and showcase key lessons to enable the upscaling of these products.

Furthermore, the event will particularly dive into the options offered by the digital space to make agricultural insurance accessible and upscaling efforts affordable. Thereby, this session will present the opportunities agricultural insurance offers for young farmers, particularly to build a resilient next-generation of African farmers.