African Risk Capacity (ARC) Group

Please enjoy the latest edition of the @ARC_NEWSLETTER. African Union African Union Development Agency-NEPAD Pan-African Parliament Programme Alimentaire Mondial World Food Programme Southern Africa Start Network Direction du développement et de la coopération United Nations Economic Commission for Africa BADEA - Arab Bank for Economic Development in Africa European Union African Development Bank Group Foreign, Commonwealth and Development Office - Research, Science and Innovation Affaires mondiales Canada | Global Affairs Canada KfW Islamic Development Bank (IsDB) Global Shield against Climate Risks Bill & Melinda Gates Foundation GGGI Africa Global Green Growth Institute African Risk Capacity Ltd. Eva Grace Kavuma Lindelwe Lesley Ndlovu Ange Nothando Chitate Paulin BASINGA Charlotte Lejeune Malvern C. Papa Zoumana Diarra Robert D. Agyarko Bright Mando Muhammad Tariq Linda Carole Tiemoko Biniam Taddese Komi John GAVLO Lusungu Melissa Kamudoni Gloria Womitso Everisto Sikasunda Marie-Béatrice Brou Siphokazi Mnguni Michèle Diane Karambiri Elizabeth Sibanda

During the Climate and Disaster Risk Financing and Insurance (CDRFI) Knowledge Forum in Blantyre, Malawi, held from 29 to 31 October 2024, ARC, through its Head of Contingency Planning, Papa Zoumana Diarra, participated in a panel discussion on "Payout Mechanisms and Mainstreaming Gender in Post-Disaster Response. Highlighting the importance of preparedness to respond, Papa Zoumana emphasised the critical role of timely and effective payout mechanisms in supporting vulnerable communities immediately after disasters. ARC's intervention highlighted the role of pre-arranged financing in readily availing resources to facilitate quick response when disasters strike, reducing economic shocks and safeguarding livelihoods. He pointed out that the ability to mobilise funds rapidly is essential for ensuring an efficient disaster response that can mitigate the impacts of disasters on communities. A key focus of Papa Zoumana’ s intervention was the integration of gender considerations into disaster financing and response. He stressed that gender-inclusive payout mechanisms are not only about promoting equality but also about ensuring that response efforts reach the most vulnerable, including women and marginalised communities, who often are disproportionately affected by disaster. “Integrating gender into disaster risk financing is vital to building resilience. By addressing the unique needs of women and marginalised communities, we enhance the effectiveness of our response mechanisms and support a more inclusive recovery,” Papa Zoumana stated.   ARC’s involvement in the forum underscores its commitment to advancing innovative, equitable solutions that address Africa’s climate challenges. By promoting gender-sensitive approaches in disaster risk financing, ARC continues to champion resilience frameworks that protect all communities, paving the way for more equitable, resilient societies in the face of climate change. African Union African Union Development Agency-NEPAD Programme Alimentaire Mondial World Food Programme Southern Africa Start Network Direction du développement et de la coopération United Nations Economic Commission for Africa BADEA - Arab Bank for Economic Development in Africa European Union African Development Bank Group Foreign, Commonwealth and Development Office Affaires mondiales Canada | Global Affairs Canada KfW Islamic Development Bank (IsDB) Global Shield against Climate Risks Bill & Melinda Gates Foundation GGGI Africa Global Green Growth Institute African Risk Capacity Ltd. Eva Grace Kavuma Linda Carole Tiemoko Lusungu Melissa Kamudoni Laetitia Effiong Everisto Sikasunda Marie-Béatrice Brou Biniam Taddese Michèle Diane Karambiri Elizabeth Sibanda

ARC Contributes to Thought Leadership on Climate and Disaster Risk Financing at CDRFI Knowledge Forum At the Climate and Disaster Risk Financing and Insurance (#CDRFI) Knowledge Forum in Blantyre, Malawi, from October 29 to 31, 2024, #ARC joined global thought leaders, government representatives, and financial institutions to address Africa’s urgent need for innovative climate resilience solutions. Hosted by the African Development Bank Group and the Government of #Malawi, the forum’s theme, “Harnessing the Opportunities of the Evolving CDRFI Landscape in Africa,” encouraged stakeholders to exchange insights on strengthening national disaster risk financing (DRF) strategies and advancing pre-arranged financial mechanisms for resilience. During a panel discussion on the Global CDRFI Landscape: Emerging Trends and the African Perspective, Eva Grace Kavuma, ARC’s Acting Group Director General, highlighted key approaches for effective DRF strategies. Addressing the question of better approaches to DRF formulation, she stated, “In our experience, the lack of political will has been identified as a major impediment to the effective implementation of national policies and strategies. It is therefore critical to secure political buy-in, support, and ownership to advance the concept of financial protection.” She emphasised that successful strategies require the inclusion of all relevant in-country actors, collaboration across government levels and sectors, and integration of robust risk assessment with capacity-building initiatives. This, she noted, not only strengthens resilience but also enhances sustainable implementation at the local level. ARC’s participation underscored its strategic role in developing comprehensive DRF frameworks across Africa. Engaging in discussions on sovereign risk insurance, regulatory frameworks, and gender-inclusive financing, ARC shared its experience in bridging political commitment with actionable DRF strategies tailored to national contexts. By pioneering these approaches, ARC contributes meaningfully to Africa’s resilience by linking financial planning to community impact, enhancing the ability of African nations to respond swiftly to climate shocks. “Our commitment at ARC goes beyond merely deploying financial tools; it’s about empowering governments with resilient, locally-owned frameworks that ensure countries can address both immediate recovery needs and build long-term capacity,” added Kavuma. “Only by embedding disaster risk financing within national policies can we create a sustainable path toward resilience for vulnerable communities.” The forum provided a platform for ARC to advocate for synergistic funding models that integrate pre-arranged finance, concessional loans, and private investments. Such integrated solutions will enable African nations to create sustainable, multifaceted resilience frameworks, effectively bridging immediate disaster response with long-term adaptation goals. African Union

Le #Bénin Fait un Pas Décisif vers la Résilience Climatique avec l’Assurance Souveraine de l’ARC Le #Bénin a souscrit pour la première fois une assurance souveraine auprès de l’African Risk Capacity (ARC). Cette initiative vise à protéger les populations les plus vulnérables contre les impacts dévastateurs de la sécheresse. Selon Linda Carole Tiemoko, Chef des Relations avec les Gouvernements  Afrique de l’Ouest et du Centre, cette souscription marque une avancée majeure dans les efforts du pays pour renforcer la résilience face aux catastrophes naturelles. Elle concrétise également le travail de renforcement des capacités que nous avons mené aux côtés des autorités béninoises et de nos partenaires. À travers cette police d’assurance, le Bénin se dote d’un outil puissant pour anticiper, répondre et atténuer les conséquences des événements climatiques extrêmes, renforçant ainsi la sécurité alimentaire et la stabilité des communautés rurales. ------------------------------------------------------------------------------ #Benin Takes a Decisive Step Towards Climate Resilience with ARC's Sovereign Insurance #Benin has taken out sovereign insurance with the African Risk Capacity (ARC) for the first time. This initiative aims to protect the most vulnerable populations against the devastating impacts of drought. According to Linda Carole Tiemoko, Head of Government Services West and Central Africa, this subscription marks a significant step forward in the country's efforts to build resilience to natural disasters. It also gives concrete expression to the capacity-building work we have carried out alongside the Beninese authorities and our partners. Through this insurance policy, Benin is acquiring a powerful tool for anticipating, responding to, and mitigating the consequences of extreme weather events, thereby strengthening food security and the stability of rural communities. African Union African Union Development Agency-NEPAD World Food Programme Southern Africa Foreign, Commonwealth and Development Office Start Network Direction du développement et de la coopération United Nations Economic Commission for Africa BADEA - Arab Bank for Economic Development in Africa European Union African Development Bank Group Affaires mondiales Canada | Global Affairs Canada KfW Islamic Development Bank (IsDB) Global Shield against Climate Risks Bill & Melinda Gates Foundation GGGI Africa African Risk Capacity Ltd. Eva Grace Kavuma Lindelwe Lesley Ndlovu Ange Nothando Chitate Malvern C. Bright Mando Linda Carole Tiemoko Marie-Béatrice Brou Muhammad Tariq Amadou Bah, PhD, Epidemics Risk Management and Financing Dr Christy Adokiye George Komi John GAVLO Freddy KAKOU Biniam Taddese Victor Guyir Papa Zoumana Diarra Abdou Karim DIEYE Michèle Diane Karambiri Elizabeth Sibanda

Atelier Régional #ARC_BADEA : Renforcement des Capacités de Gestion des Risques Climatiques en Afrique de l’Ouest et du Centre Du 17 au 22 octobre 2024, Dakar accueille un événement phare pour la résilience climatique de la région Afrique de l’Ouest et du Centre. Cet atelier organisé par African Risk Capacity (ARC) Group et soutenu par BADEA - Arab Bank for Economic Development in Africa) réuni les représentants du #Bénin, du #Burkina_Faso, de la #Gambie, du #Togo, et du #Sénégal en vue de renforcer les compétences des experts des différents pays en matière de modélisation des risques et d'intégration du genre dans la gestion des risques de catastrophes. Selon Mme Eva Grace Kavuma, Directrice Générale par Intérim du Groupe ARC, Cet atelier représente une étape cruciale pour promouvoir une collaboration régionale plus forte en matière de gestion des risques climatiques. Le Sénégal, en tant que pionnier dans l'adoption de tous nos produits d’assurance, jouera un rôle clé dans le partage de son expérience et des meilleures pratiques avec les autres pays participants. M. #Abdoulaye_Noba, Directeur de la protection Civile du Sénégal et superviseur du Programme ARC, quant à lui affirme: « Nous sommes fiers d’accueillir cet événement, car il nous permet de renforcer nos capacités à protéger les populations vulnérables de l’Afrique de l’Ouest en général et du Sénégal en particulier contre les risques climatiques. Le partenariat avec ARC et BADEA est essentiel pour soutenir nos efforts vers une résilience durable. » Cet atelier est une véritable plateforme de partage de connaissances pour la région, favorisant un avenir plus résilient face aux chocs climatiques. African Union African Union Development Agency-NEPAD Programme Alimentaire Mondial World Food Programme Southern Africa Foreign, Commonwealth and Development Office Start Network Direction du développement et de la coopération United Nations Economic Commission for Africa BADEA - Arab Bank for Economic Development in Africa European Union African Development Bank Group Affaires mondiales Canada | Global Affairs Canada KfW Islamic Development Bank (IsDB) Global Shield against Climate Risks Bill & Melinda Gates Foundation GGGI Africa African Risk Capacity Ltd. Eva Grace Kavuma Linda Carole Tiemoko Marie-Béatrice Brou Muhammad Tariq Amadou Bah, PhD, Epidemics Risk Management and Financing Dr Christy Adokiye George Komi John GAVLO Freddy KAKOU Biniam Taddese Victor Guyir Papa Zoumana Diarra Abdou Karim DIEYE Michèle Diane Karambiri Elizabeth Sibanda

The African Risk Capacity is seeking to appoint a Consultant, Lead Software Architect for the Outbreaks and Epidemics Unit. This position will report to the Lead Advisor, Outbreaks and Epidemics, and will contribute to the organisation's mandate to help Member States plan, prepare and respond to weather-induced threats and disease outbreaks. To learn more about this position and apply, visit 👉🏽Job Vacancies | African Risk Capacity Group (arc.int) African Union African Union Development Agency-NEPAD World Food Programme African Risk Capacity Ltd. Eva Grace Kavuma Robert D. Agyarko Siphokazi Mnguni Amadou Bah, PhD, Epidemics Risk Management and Financing Amukelani Hlaiseka Anna Argentieri kuukua koranteng michele diane karambiri

The African Risk Capacity is seeking to appoint a Consultant, Research Analyst for the Gender Unit. This position will report to the Head of the Gender Unit, and will contribute to the organisation’s gender mainstreaming goals and workstreams. To learn more about this position and apply, visit 👉🏽 https://lnkd.in/dk_GGQG7 African Union African Union Development Agency-NEPAD World Food Programme United Nations Economic Commission for Africa African Risk Capacity Ltd. Eva Grace Kavuma Boroto Ntakobajira kuukua koranteng michele diane karambiri Anna Argentieri

The ARC Gender Retreat, taking place over the next 2 days in Rustenburg, South Africa, is an opportunity to refresh all ARC staff on key aspects of gender equality towards ensuring that gender mainstreaming becomes a lived reality within ARC and in all its programmes. The ARC Gender Strategy, which is in its fifth year of implementation, has been instrumental in building awareness, driving for equality in the Disaster Risk Management space, challenging traditional gender norms and advocating for change. Gender is mainstreamed in all ARC programmes with the goal to ensure inclusivity in all processes. To facilitate this, efforts are directed towards ensuring that staff fully understand the fundamentals and commit to drive for equality in the course of their work. Speaking during the opening of the Gender Retreat, Eva Kavuma, ARC’s Interim Group Director General, highlighted the importance of ensuring that all ARC staff have sufficient knowledge of gender matters and can take the lead in gender mainstreaming. "ARC believes in gender equality and women's empowerment. Our goal is to ensure that gender issues are systematically integrated in all our operations internally and in our Member States. We must make sure that no one is left behind in our interventions”, she emphasised.     A new Gender Strategy will be developed soon to guide gender mainstreaming workstreams from 2025. It will consider achievements and lessons learnt since the start of implementation in 2019. Global Affairs Canada | Affaires mondiales Canada KfW European Commission Swiss Agency for Development and Cooperation Islamic Development Bank (IsDB) FCDO Services World Food Programme African Risk Capacity Ltd. BADEA - Arab Bank for Economic Development in Africa Bill & Melinda Gates Foundation African Union African Development Bank Group Eva Grace Kavuma Boroto Ntakobajira

Our Head of Finance and Investment, Yusuf Bodiat, will be speaking at the Finance Indaba on 10 October at the Sandton Convention Centre in Johannesburg. Together with South Africa’s leading finance decision-makers, Bodiat will share how he balances growth and innovation with risk at ARC Ltd.   As the leading parametric insurance provider to many countries across Africa, ARC Ltd. and our people understand the important role risk plays in building financial resilience.   “Large corporations and multinationals are contributing to climate-related risks,” he says leading up to the event. “These organisations should consider their impact on all stakeholders, including the environment.”   Join Bodiat from 14:00 pm to 14:40 pm in Ballroom 2 to find out how to be conscious and cautious about risks. Tickets are free for finance professionals working in a corporate environment. Register now: https://lnkd.in/gctqgXB   #FIN24 #financeindaba #disasterriskinsurance #risk #climatechange #ESG #Africa Eva Grace Kavuma Lindelwe Lesley Ndlovu Malvern C. Ange Nothando Chitate Anaïs SYMENOUH

We are excited to announce that our colleague Malvern C., Chief Underwriting Officer at African Risk Capacity Ltd., will speak at the #Africa_Think_Tank_Summit, which will take place in Abidjan, Côte d'Ivoire, from October 8 to 11, 2024. Join him as he shares insights on Evidence-Based Strategies for Sustainable Climate Financing in Africa. The Africa Think Tank Summit is bringing together thought leaders, policymakers, and development practitioners to discuss ‘Evidence-Based Strategies for Sustainable Climate Financing in Africa.’ Let’s collaborate to shape the future of Africa’s green economy. Join the conversation at #AfricaThinkTankSummit2024! For more information, visit Africathinktanksummit.org #SustainableFinance #ClimateActionAfrica Eva Grace Kavuma Lindelwe Lesley Ndlovu Ange Nothando Chitate Gloria Womitso Michèle Diane Karambiri