Events
Oct
7
Year:
2025
During the Forum Invest in Senegal 2025, held in Dakar on October 7–8, IFC partnered with the National Agricultural Insurance Company of Senegal (CNAAS) to advance inclusive and climate-resilient insurance solutions in the country. Ethiopis Tafara, IFC Regional Vice President for Africa, signed the partnership on behalf of IFC. Agriculture is a cornerstone of Senegal’s economy, contributing about 17 percent of GDP in 2024 and employing roughly 60 percent of the workforce in food crop production. Yet the sector remains highly vulnerable to climate risks such as droughts, floods, and irregular
Sep
25
Year:
2025
IFC recently convened partners and stakeholders at its Head Office in Addis Ababa for a capacity-building workshop on Agricultural Insurance and Area Yield Index Insurance (AYII). The training brought together representatives from Lersha, Nyala Insurance, Oromia Insurance, Abay Insurance, the Oromia and Sidama Bureaus of Agriculture, and the Ministry of Trade and Regional Integration. Their collective expertise and engagement highlighted the importance of multi-stakeholder collaboration in building a stronger agricultural finance and insurance ecosystem in Ethiopia. The sessions were
Sep
3
Year:
2025
From September 3–5, 2025, IFC, in partnership with ACRE Africa, delivered training on index insurance to Land Bank Insurance Company (LBIC) in Johannesburg. The training focused on strengthening technical capacity in product design, underwriting, monitoring, and claims processes for index-based agricultural insurance, with a special emphasis on solutions for both crop and livestock farmers. The training follows the launch of LBIC’s new Area-Yield Index Insurance, aimed at addressing climatic risks such as droughts and floods. This new offering complements LBIC’s Pasture Drought Index Insurance
Jun
1
Year:
2025
How can financial tools better support women farmers in India? This question is at the center of a newly launched effort to bring inclusive insurance solutions to rural communities. In June 2025, IFC’s Women’s Insurance Program launched a new advisory engagement with Credit Access Life Insurance Ltd (CALI), sister company of Credit Access Grameen (an IFC NBFI client), to develop bespoke solutions and expand insurance coverage to women farmers in India. This advisory will leverage the women farmers and agri-entrepreneurs network at Bayer CropScience as beneficiaries. IFC has kicked off the
May
1
Year:
2025
Agriculture stands as the backbone of Mozambique’s economy, contributing nearly 25% of the country’s GDP and providing jobs for more than two-thirds of the population, according to World Bank data. Despite its vital role, most farmers remain outside the reach of formal financial services—including insurance—leaving them especially vulnerable to climate shocks, crop failures, and market volatility. In a bid to close this financing and protection gap, the International Finance Corporation (IFC) has partnered with AMS – Associação Moçambicana de Seguradoras, Mozambique’s national association of
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