High Level Policy Dialogue on Innovative Financial Instruments for Natural Disaster Risk and Health Outbreaks Management

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30 August 2019 - Please join us on the occasion of the High-Level Policy Dialogue on Innovative Financial Instruments for Natural Disaster Risk and Health Outbreaks Management, at the Seventh Tokyo International Conference on African Development (TICAD 7)

United Nations, IFC, African Risk Capacity, and AAISA Work Towards Creating Disaster Risk Insurance Markets in Africa

Posted on: By: arcuser

Dakar, Senegal, June 24, 2019— A consortium of international development agencies including the United Nations African Institute for Economic Development and Planning (IDEP), the African Risk Capacity (ARC), the International Finance Corporation (IFC), and the Association of African Insurance Supervisors (AAISA), today opened a two-week training event on index and disaster risk insurance.

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

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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.

Moçambique Assina um Memorando de Entendimento com a Capacidade Africana de Risco para Fazer Face aos Episódios Recorrentes de Secas, Inundações e Ciclones Tropicais

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“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

STATEMENT FROM THE AFRICAN RISK CAPACITY GROUP ON THE TROPICAL CYCLONE IDAI

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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

“Ghana Hosts African Risk Capacity Joint Board Meeting, Signs Programme of Work to Improve Responses to Extreme Weather Events and Natural Disasters”

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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).

High-Level Side Event on ‘Migration and Displacement in Africa: Addressing the underlying causes through innovative risk financing mechanisms.’

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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

African Risk Capacity High-level side event on Migration, February 2019

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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”

African Risk Capacity and AGRHYMET partner to harness technical expertise for food security

Posted on: By: arcuser
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
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