ARC Group receives $17 million in funding from the Canadian Government
The African Risk Capacity Group (ARC) receives $17 million in funding from the Canadian Government
African Risk Capacity launches the first Flood Risk Insurance Product in Africa
Date: 6th June 2023
Johannesburg, South Africa
African Risk Capacity launches the first Flood Risk Insurance Product in Africa.
The ARC Group announces an insurance payout to the Republic of The Gambia towards recovery from drought
The Government of the Republic of The Gambia recently received an insurance payout of USD 187 641 following its participation in the African Risk Capacity (ARC) Group mechanism, designed to help African Union (AU) member states plan, prepare and to better respond to extreme weather events.
Panel Discussion: ARC @10 - Lessons learned and perspectives
On the margins of the 13th Session of the ARC Conference of the Parties COP 13, the ARC Group hosted a panel discussion under the theme, “ARC @10: Lessons learned and perspectives” following its recent 10-year anniversary celebrations in November 2022. Given the escalating climate crisis and its impact on the continent, it was fitting that ARC and its stakeholders review its first decade of existence, take stock of the role the organisation has played in the Disaster Risk Financing landscape in Africa, and review the lessons learned over the decade.
The ARC Group holds its 13th session of the Conference of the Parties (CoP 13)
The ARC Group has just concluded its 13th session of the Conference of the Parties (CoP 13) held at the African Union (AU) Headquarters in Addis Ababa, Ethiopia on 3 and 4 April 2023. The COP is the supreme decision-making organ of the ARC Group, and has the responsibility to provide the final approvals on critical matters after Board reviews and endorsements. CoP 13 was organised jointly by the ARC Secretariat and the Department of Agriculture, Rural Development, Blue Economy and Sustainable Environment of the African Union Commission.