ACRE Africa
ACRE Africa
Solution Overview & Benefits
Agriculture and Climate Risk Enterprise (ACRE) Africa strives to unlock the complete potential of agriculture in Africa by alleviating the stress and potential damage caused by climate variables for farmers.
Their commitment is to spearhead a transformative shift towards equity, fairness, and innovation in the agricultural sector.
Through tailored solutions that mitigate climate-related risks, they aim to unlock the full potential of agriculture and inspire a new generation of farmers across the continent.
Products and Services:
- Crop Insurance
- Livestock Insurance
- Bundled Insurance
- Farmer Insurance Products
History & Development
ACRE Africa (formerly known as Kilimo Salama) was designed from a pilot program in the Laikipia district of Kenya, where several hundred maize farmers insured their farm inputs against drought in the long rain season of 2009. Following the drought that season, weather stations showed that there was a payout and all farmers were compensated depending on the extent of the drought as measured at their weather station (a 30 percent and 80 percent payout, respectively). The pilot was the first of its kind in Kenya.
ACRE Africa empowers farmers across Africa to thrive in the face of climate challenges. They design and implement innovative risk mitigation solutions that protect farmers against risks like droughts, floods, and excessive rainfall.
By mitigating these risks, they enable farmers to bounce back from calamities and re-invest in their farms. ACRE Africa’s operations align with several Sustainable Development Goals (SDGs), particularly:
- SDG 1: No Poverty,
- SDG 2: Zero Hunger, and
- SDG 13: Climate Action.
Availability
- Publicly available: yes
- Countries where available: Kenya, Rwanda, Tanzania, Zambia, and Nigeria, and projects in other countries including Uganda, Ghana, Malawi, Senegal, Zimbabwe, Ethiopia, and Somalia
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Get in Touch!
Get in touch with us by filling out the form or emailing us at contact@techxlab.org.
