Drought Insurance for Ethiopian Farmers
The absence of rainfall during critical cropping times is one of the biggest risks to subsistence farmers in the Horn of Africa region. Droughts such as the 2011 East Africa Drought have threatened millions of livelihoods. In collaboration with the Ethiopian Ministry of Agriculture and the Japanese International Cooperation Agency (JICA), CelsiusPro designs and structures weather index insurance for smallholder farmers to pay out in the event of rainfall deficit.
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