Pitch your organization.
With the exception of the past four years, Africa’s economies have enjoyed exceptional growth since the turn of the century. The outlook is favorable even though the projected growth falls short of past trends.
However, the economic expansion has not yet translated into equal insurance growth and penetration is still low. This is particularly true for agricultural insurance, which is essential in improving the resilience of Africa’s farmers – who still represent 60% of the continent’s work force – against weather related events.
in Uganda and East Africa at large 80% of the population are engaged in rain fall dependent farming with majority that are small holder farmers and yet agriculture contributes 25% of the GDP .
its usually subjected to various risks such as drought in ankole masaka dry collidal , flooding in kasese
in bad season , small holder farmers usually loose all their entire harvest . they lack money to buy in puts for the next season
