Friday, May 24, 2019

World Food Programme and African Risk Capacity Extends Administrative Service Agreement Till 2024.

“The provision of support by the WFP through the Agreement has been very critical to our success, and we hope that within the next 5-year period of its operation, ARC would have grown into a fully independent institution.” – Ngozi Okonjo-Iweala.

“Embora os seguros não cubram todos os riscos associados a um risco em cada país, a abordagem da ARC permite que os riscos sejam geridos de uma forma que multiplique os benefícios dos recursos limitados disponíveis para o Governo”. – Mohamed Beavogui

Wednesday, May 15, 2019

Read Portuguese version here

The African Risk Capacity Group (Specialised Agency of the African Union and ARC Ltd) is deeply concerned over the loss of lives, economic livelihoods and extensive displacement of thousands of people in Mozambique, Malawi and Zimbabwe resulting from the impacts of floods and tropical cyclone IDAI.

The Governments of Mozambique, Malawi and Zimbabwe are founding members of the ARC family, having signed the ARC Establishment Treaty in 2012

L-R: Director-General of ARC Agency, Mr. Mohamed Beavogui and Hon. Kwaku Agyemang Kwarteng, Deputy Minister of Finance and Member of Parliament, exchanging the signed Programme of Work document in Accra, Ghana with ARC Board Chairperson, Dr (Mrs.) Ngozi Okonjo-Iweala (centre) and the DG, National Disaster Management Organisation (NADMO), Hon. Eric Nana Agyemang-Prepeh, (far-right).

L-R: Stephen Karingi (ECA); Vincent Nmhielle; Ngozi Okonjo-Iweala (ARC Board chairperson); H.E. Sacko Josefa Leonel Correa (AU_DREA Commr.; Mohamed Beavogui (ARC_DG)

A Joint AUC / ARC / AfDB / UNECA PRESS RELEASE

32nd Ordinary Session of the Assembly of the African Union: High-Level Side Event on Migration and Displacement in Africa

Media Advisory

32nd Ordinary Session of the Assembly of the African Union: High-Level Side Event on Migration and Displacement in Africa

Theme: “Migration and Displacement in Africa: Addressing the underlying causes
through innovative risk financing mechanisms Background”

Banjul, The Gambia, 3 December 2018  – The African Risk Capacity Agency (ARC) and AGRHYMET signed a Memorandum of Understanding to formalize technical collaboration and intensify joint efforts to improve food security in West Africa. The two organisations are advancing their mandates to address climate-induced food insecurity in West Africa and the Sahel by partnering to develop risk models and innovative financial mechanisms to address regional climate hazards such as drought and river floods. Combining AGRHYMET’s regional knowledge with ARC’s continental experience, t

“The signing of the MoU with Rwanda is a testimony of our commitment to progressively provide technical cooperation on climate risk profiling as well as capacity building in disaster risk management in manner that boosts the country’s resilience against the impacts of climate risk and other natural disasters” - Mohamed Beavogui Johannesburg, November 21, 2018 – The Government of Rwanda has signed a Memorandum of Understanding (MoU) with the African Risk Capacity (ARC) on cooperation to address the impact of extreme weather events in Rwanda. The MoU

The African Risk Capacity (ARC) has lauded the approval of the Africa Disaster Risk Financing Programme (ADRiFi) Programme, by the African Development Bank (AfDB). The discussions to establish the ADRiFi as a mechanism to enhance the resilience and response to climate shocks and natural disaster risks in Regional Member Countries (RMCs) was formalized in March 2017. Since then, the African Development Bank and the African Risk Capacity, under the signed technical collaboration agreement began to orchestrate activities to enhance risk management infrastructure and policy across Africa as