Version française ci-dessous JOHANNESBURG, April 9, 2018 – The African Risk Capacity (ARC), an agency of the African Union, is developing an insurance product to facilitate rapid, first-line financial responses to disease outbreaks. In the pilot phase, Ebola, Marburg, Meningitis, and Lassa Fever will be covered.

The African Risk Capacity’s (ARC) annual Conference of Parties (CoP) convened this month in Mauritania, with all signatories of ARC invited to attend. ARC was honoured to have the support of Mauritania’s Prime Minister, His Excellency Yahya Ould Hademine, who opened the forum – at which Member States discussed, exchanged ideas and collaborated with one another on topics related to ARC’s work on the continent.

The African Risk Capacity Ltd (ARC Ltd) is delighted to announce that it has been awarded Global Banking & Finance Review magazine’s Most Innovative ESG Risk Protection Company Africa 2017. Dolika Banda, CEO of ARC Ltd, said, “We are gratified to receive this great recognition.

ADDIS ABABA – The African Risk Capacity (ARC), an agency of the African Union, and the United Nations Economic Commission for Africa (ECA) have announced a new partnership which will see the two organisations work together to increase insurance coverage against climate risks for African states. The multilateral deal was announced at the African Union’s Annual Summit in Addis Ababa, and commits ARC and ECA to build the capacity of their 33 common Member States by embedding risk management investments into government planning through policy development.