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East African farmers to benefit from weather insurance deal

February 10, 2014 - 6:00am


The International Finance Corp. has signed $3.9 million worth of grant agreements to expand weather insurance pilot to one million East African farmers, Artemis.bm reported.

Some regions in East Africa are vulnerable to drought and erratic rainfall levels.

The collaboration with the Syngenta Foundation for Sustainable Agriculture will provide small-scale farmers in Kenya, Rwanda and Tanzania with coverage under the weather index insurance scheme.

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