Madagascar receives USD 2.13 million from African Risk Capacity Insurance Company Limited Policy for Drought Response
Johannesburg, South Africa, 03 July 2020 - The Government of Madagascar received on July 2nd 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.