In June, the Insurance team within the Financial Institutions Group (FIG) conducted a business development mission to Senegal and Côte d’Ivoire. The mission was jointly held with Investment and Advisory colleagues, including both global and local teams, such as Florence Boupda Ngueda––FIG Global Sector Manager for Insurance, Housing and DARP; Astou Ryanna Dem––Investment Analyst; James Smouse–– Principal Investment Officer, Head of Insurance; and Shadreck Mapfumo––Senior Insurance Specialist. The mission highlighted some exciting opportunities to support the growth of the insurance markets in

As droughts intensify and grazing land becomes scarcer, tensions between farmers and pastoralists in Northern Nigeria have continued to rise. But a new approach to insurance could help ease these pressures and offer a path toward more peaceful, climate-resilient communities. On July 24, 2025, stakeholders from across the public and private sectors gathered in Abuja, Nigeria for the launch of two innovative insurance products designed to respond to the unique challenges faced by farmers and herders. The event, hosted by Africa Re, marked a key milestone in the Nigeria Inclusive Insurance

Over the coming months, the Global Inclusive Insurance Facility (GIIF) will launch a new series of briefing notes designed to offer fresh insights into its work around the world. These notes will come in two forms: Country Profiles , spotlighting where GIIF has been actively expanding access to agricultural index insurance, and Thematic or Regional Briefings , focusing on broader themes like capacity building, stakeholder collaboration, and GIIF’s involvement in sector-wide initiatives. Drawing on farmer testimonials, highlights from key events, technical assistance summaries, and client

As part of its commitment to inclusive insurance, the Global Index Insurance Facility (GIIF) spoke with Evelyne FASSINOU, Member of the Executive Committee of FANAF, about the recently launched joint FANAF–IFC study. We sincerely thank her for collaborating with GIIF and sharing the valuable insights that made this piece possible. 1. Evelyne, congratulations on the recent launch of the joint FANAF–IFC study. To start, could you tell us what inspired this collaboration? Evelyne FASSINOU: When Rosalie Logon and I were elected to the Executive Committee of FANAF in February 2020, we quickly felt

Spotlight on Public-Private Collaboration: Swiss Re on Advancing Disaster Risk Finance at the DRF Academy – Executive Education Program As countries continue to face rising climate and disaster risks, the role of public-private partnerships in shaping effective financial resilience strategies has never been more critical. During the recent Disaster Risk Finance (DRF) Academy – Executive Education program, participants from around the world gathered to explore actionable approaches for scaling up disaster and climate risk finance, with a strong focus on collaboration, sustainability, and

On February 21, 2025, the ninth session of the LIVE TALK series, From Theory to Practice: Advancing Women’s Financial Inclusion , brought together a diverse group of attendees to explore solutions for bridging the gender gap in financial inclusion. Co-organized in collaboration with FARM-D (hosted by PARM), Access to Insurance Initiative (A2ii) , and Women's World Banking , and the Centre of Excellence on Gender-Smart Solutions , the session focused on the transformative role of leadership, sex-disaggregated data, and policy development in driving gender-sensitive financial systems. The

Entretien avec Evelyne FASSINOU, Membre du Comité Exécutif de la FANAF Dans le cadre de son engagement en faveur de l’assurance inclusive, le GIIF (Global Index Insurance Facility) s’est entretenu avec Evelyne FASSINOU, Membre du Comité Exécutif de la FANAF, à propos de l’étude conjointe FANAF–IFC récemment lancée. Nous la remercions chaleureusement pour sa collaboration et pour avoir partagé ses perspectives éclairantes, qui ont rendu possible cet entretien. 1. Evelyne, félicitations pour le lancement récent de l’étude conjointe FANAF–IFC. Pour commencer, pourriez-vous nous expliquer ce qui a

Question: From your perspective as a specialized agricultural insurance pool in Turkey, what are the primary obstacles faced by TARSİM in providing effective climate insurance for farmers, and how can these challenges be mitigated? R: TARSİM is a state-supported system that provides protection for farmers’ sources of income—such as crops, greenhouses, aquaculture, and livestock—against various risks. It covers their losses, ensures the sustainability of agricultural production, and operates as a non-profit organization committed to maintaining sustainable agricultural activities. E stablished

Gender gaps in financial inclusion remain a challenge in Zambia, with disparities in both access to financial services including insurance products, and limited leadership opportunities for women in the financial sector. Currently, only 39.1% of women have used insurance services compared to 60.9% of men , highlighting a gap in access to and use of affordable financial products and services. This disparity prevents women from protecting their businesses, families, and livelihoods from financial shocks. Addressing this gap is key to building a more resilient insurance sector and achieving

Johannesburg, South Africa – February 27, 2025 The International Finance Corporation (IFC) and African Risk Capacity Limited (ARC Ltd.) have signed a landmark agreement to enhance climate risk insurance solutions for smallholder farmers and agricultural value chains across Africa. This partnership aims to scale up agricultural insurance as a critical tool for de-risking investments and increasing resilience to climate change impacts. The signing ceremony took place in Johannesburg, South Africa, and was formalized by Sergio Pimenta , Regional Vice President for Africa at IFC, and Lesley Ndlovu