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.

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.

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

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.

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 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.

Busan, May 24, 2018 – The Government of Nigeria has signed a Memorandum of Understanding (MoU) with the African Risk Capacity (ARC) to work together to address the impact of extreme weather events in Nigeria, including training support to government personnel. The signing ceremony, which happened on the margins of the Annual Meetings of the African Development Bank (AfDB) on Thursday, in Busan, South Korea, comes on the heels of AfDB President Akinwumi Adesina’s pledge to support for the work of African Risk Capacity in the region, calling for more stakeholders to join the AR

Busan, Korea, May 23, 2018 – The President of African Development Bank, Akinwumi A.