Category: Environment
Malawi government set to receive $14.2m insurance payout from ARC following drought
Drought-affected households in Malawi will receive swift relief of more than $14.2m with an upcoming climate insurance payout by African Risk Capacity [...]
ATI backs Uganda hydro project
The African Trade Insurance Agency (ATI), through its Regional Liquidity Support Facility (RLSF), has supported the 7.8 MW Nyamwamba II Hydro Project [...]
IRMSA flags growing nat cat risk in South Africa and need for companies to act to minimise risk
The Institute of Risk Management South Africa (IRMSA) has expressed deep concern over the natural disasters in KwaZulu-Natal and the Eastern Cape, war [...]
Niger: Resilience possible via early-warning systems and insurance payouts
Drought is nothing new in Niger. In fact, the country has experienced repeated large-scale droughts regularly over the past two decades, leading to na [...]
Emerging markets must not be ignored in rush to embrace clean energy, warns report from Climate Advisors
Emerging markets must not be ignored in rush to embrace clean energy, warns a report from Climate Advisors
In the past few weeks there has been a l [...]
Insurers are being negatively impacted by climate change, warns Capgemnini and Efma
Climate change is hurting the insurance industry warns the latest Capgemini World Property and Casualty Insurance Report.
It has found that insurer [...]
Africa Specialty Risks adds energy capacity
Africa Specialty Risks (ASR), the pan-Africa-focused reinsurance group, has announced that its energy division’s capacity increased to $38m, provided [...]
East Africa latest to be hit by devastating floods
Southern Tanzania has been hit by serious floods, just two weeks after heavy rain caused devastating floods in South Africa, fuelling fears of large l [...]
South African insurers facing significant losses as floods devastate KwaZulu-Natal
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Protecting farmers and enabling sustainable growth key for Africa’s food security
Food is the most basic of needs. It decides not just the health of individuals but also the health of communities which affects the health of our econ [...]