Source: African Risk Capacity (ARC) |

Drought-stricken Mali receives first-ever African Risk Capacity (ARC) Limited climate risk insurance pay-out

WFP to use US$7.1m ARC Limited Replica pay-out for food assistance

Rising insecurity, droughts and COVID-19 plunge Mali into food crisis; WFP to use US$7.1m ARC Limited Replica pay-out for food assistance Over 204,000 vulnerable people in drought-affected regions of Mali will benefit from a US$7.1 million climate risk insurance pay-out by African Risk Capacity (ARC) Limited to the United Nations…

African Risk Capacity (ARC)
Source: African Risk Capacity (ARC) |

Nigerian Chinedu Moghalu appointed Head, Communications & Advocacy for the Africa Risk Capacity / United Nations World Food Programme

The African Risk Capacity is a Specialised Agency of the African Union that provides African sovereigns with capacity building services for early warning, contingency planning and risk finance

Chinedu Moghalu, a Nigerian, has been appointed the Senior Communications Specialist / Head, Communications & Advocacy for the Africa Risk Capacity / United Nations World Food Programme, based in Johannesburg, South Africa. The African Risk Capacity (www.AfricanRiskCapacity.org) is a Specialised Agency of the African Union that provides African sovereigns with…

Source: The African Risk Capacity Insurance Company Limited (ARC Ltd) |

Malawi to receive USD 8 Million Insurance Payout from African Risk Capacity

The payout will be released to Malawi as soon as the Government’s plan on how the payout will be used to respond to those affected by drought – known as the Final Implementation Plan – is approved by ARC

The African Risk Capacity Insurance Company Limited (ARC Ltd) (http://Ltd.ARC.int) is processing an insurance payout of approximately USD 8.1 million to the Government of Malawi to support its response to the drought which resulted from the poor 2015/16 agricultural season. The Minister of Finance, Economic Planning and Development for Malawi,…

The African Risk Capacity Insurance Company Limited (ARC Ltd)
Source: The African Risk Capacity Insurance Company Limited (ARC Ltd) |

The African Risk Capacity Insurance Company Limited (ARC Ltd) appoints former IFC Director Dolika Banda as CEO

She will take the reins from Dr Simon Young, who was appointed CEO in 2014 after playing a leading role in the development of the ARC programme

The African Risk Capacity Insurance Company Limited (ARC Ltd) (http://ltd.ARC.int) has announced the appointment of former IFC Director Ms Dolika Banda as Chief Executive Officer, effective from 7 September 2016. She will take the reins from Dr Simon Young, who was appointed CEO in 2014 after playing a leading role…