Rwandan Government signs MoU with African Risk Capacity on Cooperation to address the impact of extreme weather events

Posted on: By: arcuser
“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

PRESS RELEASE: African Risk Capacity lauds the approval of the Africa Disaster Risks Financing Facility

Posted on: By: arcuser
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

PRESS RELEASE: African Risk Capacity Becomes a Member of the World Economic Forum

Posted on: By: arcuser
New York, September 24 - The African Risk Capacity (ARC) today announced that it has joined the World Economic Forum (WEF) towards sharing ideas with other global, independent, impartial and future-oriented leaders keen on improving the state of the world, especially in natural disaster risk reduction and resilience. Over the past four decades, Sub-Saharan Africa has experienced more than 1,000 disasters often with devastating humanitarian crises.

Confronting Drought: African Risk Capacity contributes to World Bank study

Posted on: By: arcuser
Three-quarters of Africa’s Sub-Saharan Africa’s cropland are drylands, which accounts for two-thirds of its cereal production and four-fifths of its livestock holdings. In East and West Africa, drylands are home to over 300 million people, and a large share of them are households vulnerable to drought. With climate change and population growth, the impact of drought could be even more severe in coming years. To improve drought resilience in Africa’s drylands, it is key to identify interventions that would make the greatest impact on vulnerable livelihoods.

Global network of aid agencies signs 'game-changing' drought insurance policy for early humanitarian response in Senegal

Posted on: By: arcuser
The Start Network has signed a ‘game-changing’ insurance policy, intended to pay out if a drought hits Senegal, enabling aid agencies to offer life-saving help before a famine threatens to take people’s lives. The Start Network has taken this bold step because it believes that pre-emptive disaster financing could revolutionise the aid sector and catalyse a new way of preparing for crises.

African Risk Capacity Strengthens the Board of Its Insurance Arm with World-Class Professionals

Posted on: By: arcuser
The African Risk Capacity Limited (the ARC Ltd) has appointed three new Non-Executive Directors (NEDs) and a Special Advisor to join its Board of Directors to bring independent strategic guidance and oversight to its operations. The ARC Ltd is a financial affiliate of the African Risk Capacity (ARC), which is a Specialised Agency of the African Union established to assist member states in tackling the impact of natural disasters on vulnerable people.

African Risk Capacity Hones Innovation, Partners with the African Institute for Mathematical Sciences

Posted on: By: arcuser
Johannesburg, July 23, 2018 – The African Risk Capacity (ARC) and the African Institute for Mathematical Sciences – Next Einstein Initiative (AIMS-NEI) held an inception meeting at ARC Agency Offices in Johannesburg as part of their framework agreement to work together towards promoting innovation and assisting AU Member States to better prepare for and respond to natural disasters and extreme weather events. The objective of the meeting was to discuss, first hand, the feasibility of developing a certification programme, and implementing an internship programme and support to

PRESS RELEASE: Sudanese Government signs MoU with African Risk Capacity to address impacts of extreme weather events

Posted on: By: arcuser
Johannesburg, July 11, 2018 - The Government of Republic of the Sudan signed a Memorandum of Understanding (MoU) with the African Risk Capacity (ARC) to work together towards helping the country better prepare to efficiently deal with extreme weather events and natural disasters. The MoU was signed during the ARC ‘Lessons Learned Workshop’ for the countries of East and Southern African (ESA) region which held at the Capital on the Park Hotel, Johannesburg, South Africa, to take stock of the ARC programme implementation. The Minister of Interior, Mr.

Climate Risk Financing at African Development Bank Meetings 2018

Posted on: By: arcuser
The African Risk Capacity held a high-level session on climate and disaster risk financing during the African Development Bank Annual Meetings in Busan, Korea. Along with African Ministers of Finance, who discussed their experiences with the national impact of climate events on their populations and economies, African Risk Capacity and the African Development Bank (AfDB) highlighted the role that sovereign disaster risk insurance has played in mitigating the impact of climate disasters across Africa.

African Risk Capacity Celebrates Africa Day 2018

Posted on: By: arcuser

African Risk Capacity celebrates Africa Day 2018 as a proud African Union institution.

ARC embraces its diversity and unity as a pan-African institution striving towards a more prosperous and resilient Africa. Aligned with fellow AU institutions, ARC reflected on the role it plays in achieving the AU Agenda 2063 and how ARC drives forth the principles self-reliance across the continent.

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