Press Release | CelsiusPro together with ISF and Frankfurt School support the development of drought insurance for smallholder farmers in South Africa

ISF and Frankfurt School support the development of drought insurance for smallholder farmers in South Africa – CelsiusPro leads the technical implementation

Adam Maniki Rakgalakane, Professor Dr Nils Stieglitz and Mark Rueegg sign the funding agreement

Adam Maniki Rakgalakane, Professor Dr Nils Stieglitz and Mark Rueegg sign the funding agreement

To improve access to agricultural insurance for smallholder farmers, the InsuResilience Solutions Fund (ISF) represented by its management, the Frankfurt School of Finance and Management, South African Land Bank Insurance Company and CelsiusPro have signed a grant funding agreement. This grant – the first provided by ISF since its commencement of operation in 2019 – will serve to co-fund the development and market introduction of an innovative index-based insurance for crop and livestock for smallholder farmers in South Africa.

Link to full article on Frankfurt School Website

Link to full article on KfW Website

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