African smallholder farmers get USD 1.5m insurance payout

Friday, May 18, 2018
Low rainfall in parts of Africa has triggered the largest insurance payout to date for vulnerable farmers under the World Food Programme and Oxfam America's joint R4 Rural Resilience Initiative (R4), an innovative climate risk management scheme.
 
Farmers in Ethiopia, Kenya, Malawi, Senegal and Zambia, who are participating in R4, will receive insurance payments totalling USD 1.5m to compensate for weather-related crop losses.
 
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