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23 Jul 2018 description

Johannesburg, July 23, 2018 – The African Risk Capacity (ARC) and the African Institute for Mathematical Sciences – Next Einstein Initiative (AIMS-NEI) held an inception meeting at ARC Agency Offices in Johannesburg as part of their framework agreement to work together towards promoting innovation and assisting AU Member States to better prepare for and respond to natural disasters and extreme weather events.

22 Jun 2018 description

By Mohamed Beavogui

Agriculture represents tremendous opportunities for African economies. The sector contributed more than $100 billion to Africa’s GDP in 2016. But much of that potential could be realised if there are effective solutions addressing the factors that drive the under-performance trend in the sector.

13 Jun 2018 description

Disaster preparedness: Building African resilience

Africans are increasingly exposed to climate risks, because droughts, floods and storms get ever more forceful. The African Risk Capacity takes a promising and innovating approach to managing these risks.

By Chinedu Moghalu

23 May 2018 description

“We talk about integrating Africa. We cannot integrate countries that are fragile, we can only integrate countries that are secured.”– Akinwumi Adesina, President, African Development Bank

Busan, Korea, May 23, 2018 – The President of African Development Bank, Akinwumi A. Adesina, and the Bank’s Board of Governors held a high-level session on “Climate and Disaster Risk Financing” focusing on the Role of the African Risk Capacity (ARC) and the Africa Disaster Risk Financing Program (ADRiFi) on Wednesday in Busan, Korea.

14 Mar 2018 description

Introduction

ARC is a pioneering initiative seeking to build resilience to climate risks across Africa by combining sovereign risk insurance with strengthening of disaster risk management (DRM) systems and frameworks. Findings from a formative evaluation of ARC have recently been published and provide important insights and lessons pertinent to the global conversation on climate risk insurance and, more generally, on building the resilience of countries and vulnerable populations. The evaluation was commissioned by DFID and undertaken by OPM.