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Insurance in Agricultural value chain
  • Insurance emerges as a beacon of hope in mitigating risks and managing resilience across the agricultural value chains.
  • Partnerships between the government and private entities are needed to devise, develop, and establish efficient and sustainable solutions to risks in the agricultural value chains.
  • To cope with the additional pressure of climate change on socioeconomic development and food security, Africa has adopted a policy framework that concedes and puts emphasis on the importance of strengthening climate and disaster resilience. 

Agricultural value chains are multi-faceted industries encompassing farmers, agro-processors, and traders. The resilience of each impacts the entire system. However, the vulnerability of these facets to various risks threatens the stability and sustainability of the whole value chain.

Agriculture remains vital in feeding nations and maintaining economic stability in the ever-changing global economies. Despite its immense contribution, it faces a series of challenges. From unpredictable weather patterns to market fluctuations, posing a