"The Micro-Insurance Network is a network of 59 countries from 100+ institutions, with 500+ experts within the group," - Ms. Karimi Nthiga, Regional Coordinator.
#CDRFIforum
"WhatsApp and chatbots are being used for onboarding. It reduces the time taken for payments. Other alternatives are coming up, like using satellite imagery (for soil health for example)," - Ms. Karimi Nthiga.
#CDRFIforum
"We have introduced the #blockchain technology, mainly because donors want to have information from the source. They need traceability. The advantage is that we can manage funds in a transparent manner with this technology," - Mr. Idrissa Karama, Yelen Assurances.
#CDRFIforum
Some impacts of #ADRiFi:
🟢 Strengthened financial resilience of African Governments
🟢 Strengthened availability of climate data to inform risk modelling and insurance
🟢 Raised awareness and built momentum on climate & disaster risk financing
#CDRFIforum
#ACRIFA is designed to raise $1 billion to drive climate-smart practices and support insurance solutions in #Africa 🌍.
To do that, the private sector will be mobilised to advance SDGs and #climate action needs.
#CDRFIforum
"African communities still don't understand the value of #insurance. They understand it even less when someone pays for it," - Dr. Hassan Bashir, @AfDBGroup.
#CDRFIForum
According to the panellist, the 3 regulatory challenges are:
1⃣ Regulators in Africa are not risk-based in their approach
2⃣Knowledge management (collecting and sharing data)
3⃣ Advising governments and industry
#CDRFIforum
Experience from #Tanzania 🇹🇿: "When hit by a disaster, flood for example, people help each other, even if Government will come in, because it's our way of living".
#CDRFIforum
Protesters took Ericsson’s body after police ignored him. They draped the flag over him and sang the national anthem.
The brother with the fade and orange shirt held his hand. It broke my heart
📸 @festolang
Data from @HakiKNCHR 's records indicates that 39 people have
died & 361 injured in relation to the protests countrywide.
This is the fourth report that KNCHR is issuing to the public on
the Status of Human Rights in the ensuing protests.
(Read more)
#COP28UAE SNIPPETS: Insurance is an instrument for de-risking + protecting farmers from climate conditions says Dr. Hassan Bashir, Sr. Advisor at the Africa Climate Risk Insurance Facility for Adaptation.
Listen ⬇️ for how the facility will support African farmers. #ACRIFA: https://t.co/0vkjqflLr9 #AfricaCOP
At #COP28UAE tomorrow: The Africa Climate Risk Insurance Facility for Adaptation - De-risking investments in #climatechange adaptation through insurance
⏰ 09:00 - 10:30AM GST (GMT+4)
📍 Africa Pavilion
🔗 https://t.co/HJXHL7F03W #AfDBatCOP28#AfricaCOP