African Union Commission (AUC)
Source: African Union Commission (AUC) |

Madagascar receives USD 2.13 million from African Risk Capacity Insurance Company Limited Policy for Drought Response

The payout will be implemented to assist the lives and livelihoods of 600,000 vulnerable population affected by the drought

The Government of Madagascar today received a symbolic cheque in the amount of USD 2,13 million from the African Risk Capacity Insurance Company Limited (ARC Ltd) to cover anticipated losses to livelihoods of its vulnerable population from the crop failure in the just concluded farming season. The ARC payout is…