Author: Christine Rodrigues

Smallholder farmers and the broader informal workforce play a vital role in ensuring food security and economic stability in Africa. According to a study by the International Fund for Agricultural Development, smallholder agriculture takes up 75% of global farmland and provides more than 80% of the food consumed in the developing world. Similarly, the International Labour Organization has noted that around 85% of total employment in Sub-Saharan Africa is informal. Smallholder farmers and informal workers have historically been underserved by the insurance sector. Traditional indemnity insurance has until recently been unsuitable for these sectors mainly because of high administrative costs…