Insurance is helping farmers recover from droughts and floods before crises deepen – as climate shocks intensify and the shadow of El Niño threatens. Farmers Aminata Tambedou and Hafia Salim have watched extreme weather rolling across their homelands, crippling harvests and killing dreams. Both have braced for business setbacks and growing hunger. But both Tambedou…
Commissioner for Insurance, Mr Ayo Olusegun Omosehin, has said that despite the recorded gap in Africa’s insurance penetration, the continent commands an estimated $68 billion premium pool, signalling strong underlying demand where access exists. Omosehin who spoke in a high-level panel discussion at the 52nd African Insurance Organisation Conference in Cairo Egypt, challenged the regional…
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Despite growing innovation in insurance products across Africa, particularly in climate and agriculture, weak trust at community level and persistent data gaps continue to undermine uptake and long-term sustainability. Tom Gitogo, the Group Managing Director and CEO of Britam, said that even where innovative products such as parametric insurance have demonstrated real impact in responding…
Kampala, Uganda — Insurance leaders across Africa are warning of a potential economic slowdown as surging global petroleum prices ripple through key sectors, driving up operating costs, inflation and financial risks because of the US-Israel war against Iran, which began on Feb. 28. Speaking at the 11th Continental Reinsurance CEO Summit in Kigali on April…
Cairo/Amsterdam — African Export-Import Bank (Afreximbank) and FCI will jointly host the Africa Regional Conference on Factoring, Receivables Finance & Credit Insurance on 15-16 April 2026 in Kampala, Uganda. As Africa moves towards a unified market, these financial tools serve as essential catalysts for bridging the trade finance gap, particularly for small and medium-sized enterprises…
US Navy ‘will begin escorting’ oil tankers through the Strait of Hormuz, a strategic waterway, if necessary, US President Trump says. Listen to this article | 2 mins info Published On 3 Mar 20263 Mar 2026 Click here to share on social media share2 Share plus2googleAdd Al Jazeera on Googleinfo President Donald Trump has announced that the…
An overwhelming majority of U.S. adults are satisfied with their health insurance coverage overall, including most older Americans and those on Medicare and Medicaid, according to a new NBC News Decision Desk Poll powered by SurveyMonkey. But there is an undercurrent of frustration in the findings, too, with nearly one-quarter of respondents saying they’d been…
Nairobi — Low insurance penetration and high premiums are leaving millions of Kenyan and other African farmers exposed to climate shocks, industry players have warned, highlighting a growing disconnect between agriculture’s contribution to GDP and its insurance coverage across the continent. Speaking during the Africa Reinsurance Climate and Insurance Workshop, Phocas Nyandwi, Regional Director at…
Pension funds and insurance companies in different African countries invest billions abroad despite energy projects on the continent needing investment, says chairperson of the presidential initiative on climate change in Sierra Leone Kandeh Yumkella. Speaking at the Accelerated Partnership for Renewables in Africa (Apra) investment forum in Sierra Leone, Yumkella said projects in Africa are…
