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Maroc Maroc - AGRIFOCUSAFRICA.COM - A La Une - 26/Jun 05:40

IBISA raises $3 million to expand parametric insurance in Asia and Africa

By Roxanne Libatique IBISA, an insurtech company focusing on climate resilience, has raised $3 million in a recent funding round to expand its parametric insurance solutions for weather-related risks in Asia and Africa. The round was led by The Acumen Resilient Agriculture Fund (ARAF) and Equator, with participation from Asian Development Bank Ventures (ADBV) and existing investors, including Ankur Capital. IBISA’s funding round IBISA said the investment aims to enhance the accessibility of parametric insurance. According to the Food and Agriculture Organization of the United Nations, extreme weather events cost the global agriculture sector between $10 billion and $15 billion annually. IBISA’s […]

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Major step in CAFI-Cameroon partnership: First $20 million project approved to support transition to deforestation-free agroecological practices

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A first US$20 million project funded by the Central Africa Forest Initiative (CAFI) will support Cameroon’s small-scale cocoa and coffee producers...

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Agriculture in Africa: Challenges to conservation practices

agrifocusafrica.com - 26/Jun 05:19

Africa, with its proven agricultural and natural potential as well as rich and diversified agricultural production, is seen as the world’s future...

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Blue and Green Economy: Kenyan Startups to Receive $550,000 Funding

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Three Kenyan startups are among ten selected across the continent to benefit from $550,000 (Sh70.7 million) in capital to grow their operations...

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Liberian Agriculture Minister Nuetah pays official visit to China

agrifocusafrica.com - 25/Jun 14:44

On June 18, at the invitation of the Ministry of Agriculture and Rural Affairs of the People’s Republic of China, Hon. J. Alexabder Nuetah, Minister...

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Córdoba Airport expansion completed, enabling new regular flights starting this summer

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Spanish Transport Minister Óscar Puente announced the completion of the Córdoba Airport (ODB/LEBA) expansion, enabling the start of regular flights...