• Latest
  • Trending
  • All
  • News
  • Lifestyle
World Bank has launched an insurance for Kenyan farmers that starts coverage at KES 50 per month. Photo: Supplied/World Bank

Affordable weather insurance for Kenyan farmers

23rd Jun 2022
Parts of the Western Cape, such as the Central Karoo, are still experiencing drought. Photo: Supplied/Food For Mzansi

Drought-burdened farmers receive R48m. in fodder

1st Jul 2022
Through his company, Iboyana agri farming, Mhlengi Ngcobo is changing the lives of youth and women in his community. Photo:Supplied/Food For Mzansi

Self-taught farmer doing his bit for the greater good

30th Jun 2022
Research has revealed that less than three in 10 farmers in the upper parts of Africa use technology. Photo: Supplied/Food For Mzansi

Technology not a priority for Africa’s smallholder farmers

30th Jun 2022
The Mamahlola Communal Property Association was among the first to be established in 2000, but due to underinvestment, their land soon turned into a symbol of government’s land restoration failure. Photo: Supplied/Food For Mzansi

The poverty-fighting tool that’s not fighting poverty

30th Jun 2022
Langeberg & Ashton Foods provides employment for around 250 permanent and 4 300 seasonal staff. Photo: Supplied

ICYMI: Search for fruit factory buyer continues

30th Jun 2022
Michele Carelse, founder, and CEO of Feelgood Health, Aquaponics horticulturalist, PJ Phiri Gwengo, Dr Didi Claassen, Afrivets executive for technical and marketing support, and Sibusiso Xaba, co-founder and CEO of Africa Cannabis Advisory Group. Photo:Supplied/Food For Mzansi

Podcast: Learn the basics of growing microgreens

29th Jun 2022
John Deere Launches Africa’s Largest Capacity Combine. Photo:Supplied/Food For Mzansi

Get inside Africa’s largest combine harvester

30th Jun 2022
Food scraps and yard waste together currently make up more than 30% of what we throw away, and could be composted instead. Babalwa Mpayipheli uses the technique of bokashi composting. Photo: Supplird/Health For Mzansi

How to make compost with kitchen scraps

29th Jun 2022
Archive photo. The drought in a region of the Eastern Cape is already having a devastating impact on urban farmers. Photo: Supplied/NSPCA

E. Cape drought: ‘No hope. Our animals are dying’

29th Jun 2022
The prize bull at the historic auction sold for over R17 000. Photo: Supplied/Food For Mzansi

ICYMI: Historic kickstart for Engcobo livestock economy

29th Jun 2022
Beef up your understanding of SA’s red meat industry

Beef up your understanding of SA’s red meat industry

28th Jun 2022
Nanotechnology can improve farming efficiency without the need for new infrastructure. Photo: Supplied/Food For Mzansi

Tiny nanotech will have a huge impact on agriculture

28th Jun 2022
  • Home
  • News
  • Changemakers
  • Lifestyle
  • Farmer’s Inside Track
  • Food for Thought
11 GLOBAL MEDIA AWARDS
Fri, Jul 1, 2022
Food For Mzansi
  • Home
  • News
  • Changemakers
    • All
    • AgriCareers
    • Entrepreneurs
    • Farmers
    • Groundbreakers
    • Innovators
    • Inspiration
    • It Takes a Village
    • Mentors
    • Movers and Shakers
    • Partnerships
    Through his company, Iboyana agri farming, Mhlengi Ngcobo is changing the lives of youth and women in his community. Photo:Supplied/Food For Mzansi

    Self-taught farmer doing his bit for the greater good

    Reggie Kambule from Villiers in the Free State runs a 185 hectare farm where he breeds livestock and cultivates maize. Photo:Supplied/Food For Mzansi

    Engineer-turned farmer takes pride in good results

    Agripreneur 101: Sweet success for jam producer

    Agripreneur 101: Sweet success for jam producer

    Real Housewife turns passion for wine into a business

    Real Housewife turns passion for wine into a business

    David Mthombeni is building an agriculture empire for his family.Photo: Supplied/Food For Mzansi

    Farmer gets his hands dirty while building family empire

    Gauteng farmers give youth a leg-up in agriculture

    Women in farming give youth a leg up in agriculture

    Watch out, these young farmers are on fire!

    Watch out, these young farmers are on fire!

    Unati Speirs has vast experience in agri-business strategy and business funding and was recently appointed as a new board director for Hortgro. Photos: Supplied/Food For Mzansi

    Youngest Hortgro hotshot takes transformation to heart

    Prof Kennedy Mnisi a dedicated young man who wants to help livestock farmers with animal health education to prevent diseases. Picture. Supplied/ Food For Mzansi.

    Animal scientist works hard to earn top dog status

  • Lifestyle
  • Farmer’s Inside Track
  • Food for Thought
No Result
View All Result
Food For Mzansi

Affordable weather insurance for Kenyan farmers

Bit by bit, Kenyan farmers can now pay off affordable insurance premiums and have the peace of mind that their crops will be protected in the event of adverse weather

by Staff Reporter
23rd Jun 2022
in International News
Reading Time: 2 mins read
A A
World Bank has launched an insurance for Kenyan farmers that starts coverage at KES 50 per month. Photo: Supplied/World Bank

World Bank has launched an insurance for Kenyan farmers that starts coverage at KES 50 per month. Photo: Supplied/World Bank

More than 70 000 Kenyan farmers now have access to affordable weather insurance which is envisioned to help them mitigate crop failure due to adverse weather patterns. This is thanks to the World Bank Group which launched its weather index-based insurance.

What’s great about this offering is that its pricing model ensures that most farmers, 89% of whom had never accessed insurance services before, can now afford insurance, experts say. Farmers are making use of this new innovation through the World Bank’s One Million Farmers Platform.

“It offers farmers tailored crop insurance plans to help them mitigate crop failure due to adverse weather patterns. This is accomplished through the use of a micro-insurance product known as Bima Pima, which loosely translates to ‘insurance in affordable bits’,” the World Bank said via a statement.

ADVERTISEMENT

How it works

Muthithi Kinyanjui, who is the head of partnerships and market systems at Acre Africa, explained the process.

“At the start of the agricultural season, a farmer buys a Bima Pima scratch card with a bag of seeds or fertiliser, activates the card through his phone, pays an initial premium of KES 50 ($.50 cents), and can top-up via SMS to increase the level of insurance coverage. ACRE Africa then geo-tags the farm using the mobile localisation service,” said Kinyanjui.

A combination of satellite and weather station data then determines whether the farmer will receive a payout directly on their mobile account in case of drought or excess rain on his land.

Mix of smart design and digital innovation

The mix of smart design and digital innovation offers the farmers the ease of buying the scratch cards at local agri-dealers, use of the system, the capability to top up, and the options to pay for the premium in small amounts and over time.

This article was written by Lucinda Dordley and originally published on FoodForAfrika.com.

Read the full story here.

Sign up for Mzansi Today: Your daily take on the news and happenings from the agriculture value chain.

ALSO READ: Why human-honeyguide cooperation must be preserved

ADVERTISEMENT
Tags: adverse weathercrop insuranceKenyaWorld Bank
Previous Post

FMD outbreaks in Free State, Gauteng contained

Next Post

North West welcomes newly trained potato farmers

Staff Reporter

Staff Reporter

Researched and written by our team of writers and editors.

Related Posts

Kenyan president Uhuru Kenyatta has announced that Kenya will now be using agricultural land from parastatals and giving it to private companies to prioritise the production of food and cash crops. Photo: Supplied/Unsplash

Kenya to hand over land to private companies

by Staff Reporter
19th May 2022
0

Kenya’s president Uhuru Kenyatta announced that the country plans to seize idle parastatal land to hand over to private companies.

East Africa's livestock is in danger as climate change and rising temperatures causes higher levels of heat stress and related diseases. Photo: Supplied/Food For Mzansi

Climate change threatens East Africa’s livestock

by Lucinda Dordley
31st Mar 2022
0

Kenya’s dairy cows are in danger as a result of climate change, reveals research by the Consultative Group for International...

Potato farmers are harvesting, but not all are of good quality. Photo: Supplied/Food For Mzansi

No industry standards for Kenyan potato growers

by The Conversation
7th Feb 2022
0

The recent KFC potato chip shortage in Kenya has served as a wake-up call for growers and the rest of...

Kenyan smallholder farmers may not know how to properly protect themselves or their livestock from the dangers of not using agrochemicals correctly. Photo: Pixdomain/FoodForAfrika.co

Reckless chemical dumping hurts Kenyan farmers

by Lucinda Dordley
20th Jan 2022
0

The irresponsible dumping of agrochemicals by many Kenyan farmers who don't know the safety guidelines can cost them their livelihoods....

Next Post
First batch of smallholder farmers who have successfully completed hands-on training on potato production with their mentor Dr Lerato Matsaunyane. Photo: Supplied/Food For Mzansi

North West welcomes newly trained potato farmers

The Mamahlola Communal Property Association was among the first to be established in 2000, but due to underinvestment, their land soon turned into a symbol of government’s land restoration failure. Photo: Supplied/Food For Mzansi
News

The poverty-fighting tool that’s not fighting poverty

by Nicole Ludolph
30th Jun 2022
0

It was meant to right the discrimination and land dispossession of the past. Yet it is simply not getting the...

Read more
Langeberg & Ashton Foods provides employment for around 250 permanent and 4 300 seasonal staff. Photo: Supplied

ICYMI: Search for fruit factory buyer continues

30th Jun 2022
Michele Carelse, founder, and CEO of Feelgood Health, Aquaponics horticulturalist, PJ Phiri Gwengo, Dr Didi Claassen, Afrivets executive for technical and marketing support, and Sibusiso Xaba, co-founder and CEO of Africa Cannabis Advisory Group. Photo:Supplied/Food For Mzansi

Podcast: Learn the basics of growing microgreens

29th Jun 2022
John Deere Launches Africa’s Largest Capacity Combine. Photo:Supplied/Food For Mzansi

Get inside Africa’s largest combine harvester

30th Jun 2022
Food scraps and yard waste together currently make up more than 30% of what we throw away, and could be composted instead. Babalwa Mpayipheli uses the technique of bokashi composting. Photo: Supplird/Health For Mzansi

How to make compost with kitchen scraps

29th Jun 2022

E. Cape drought: ‘No hope. Our animals are dying’

Farmer gets his hands dirty while building family empire

How to make compost with kitchen scraps

ICYMI: Search for fruit factory buyer continues

Rural Safety Summit ‘will fail without action plan’

Agripreneur 101: Sweet success for jam producer

THE NEW FACE OF SOUTH AFRICAN AGRICULTURE

With 11 global awards in the first three years of its existence, Food For Mzansi is much more than an agriculture publication. It is a movement, unashamedly saluting the unsung heroes of South African agriculture. We believe in the power of agriculture to promote nation building and social cohesion by telling stories that are often overlooked by broader society.

Drought-burdened farmers receive R48m. in fodder

Self-taught farmer doing his bit for the greater good

Technology not a priority for Africa’s smallholder farmers

The poverty-fighting tool that’s not fighting poverty

ICYMI: Search for fruit factory buyer continues

Podcast: Learn the basics of growing microgreens

  • Our Story
  • Contact Us
  • Cookie Policy
  • Privacy Policy
  • Copyright

Contact us
Office: +27 21 879 1824
WhatsApp line: +27 81 889 9032
Marketing: +27 71 147 0388
News: info@foodformzansi.co.za
Advertising: sales@foodformzansi.co.za

No Result
View All Result
  • Home
  • News
  • Changemakers
  • Lifestyle
  • Farmer’s Inside Track
  • Food for Thought

Copyright © 2021 Food for Mzansi

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Go to mobile version