/* Generated by grunt-webfont */ /* Based on https://github.com/endtwist/fontcustom/blob/master/lib/fontcustom/templates/fontcustom.css */ @font-face { font-family:social-logos; src: 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Site icon Business Malawi

Malawi Secures K6bn Drought Insurance Windfall: A Game Changer for Local Businesses and Economy

Vanessa Banda
 New policy changes response to poverty

Key Business Points

The recent insurance payout of $3.3 million (K6 billion) from African Risc Capacity to the Malawi Government is a significant development for the country’s business community, particularly in the agricultural sector. According to Minister of Finance and Economic Affairs Simplex Chithyola Banda, the funds will be used to support individuals facing food challenges due to the drought, which is expected to affect over 5.7 million Malawians. The payout is a timely intervention, as it will help bridge the financing gap for resource mobilisation to support those at risk of hunger.

The insurance policy was bought on behalf of farmers to cushion their farming endeavours, considering the frequent disasters and catastrophic conditions caused by climate change. Minister of Agriculture Sam Kawale emphasized the importance of this risk management strategy, which will help farmers to mitigate the impacts of climate change. The premium for the traditional insurance policy was supported by the African Development Bank, while the German Government through KfW supported the premium for the anticipatory insurance policy, demonstrating the value of international partnerships in supporting Malawi’s economic development.

As zachuma za mauzo (business sales) and uchumi (economy) continue to be affected by climate change, this insurance payout is a welcome development for Malawi’s business community. The payout will be used to support individuals currently facing food challenges, and it is expected to have a positive impact on the country’s mkhwiri (economy). With this ndalama (funding) in place, the government can now focus on resource mobilisation to support those affected by the drought, and wamoto (entrepreneurs) can explore new opportunities in the agricultural sector. As the country moves forward, it is essential to kuthandiza (support) the agricultural sector, which is a ng’ombo (backbone) of Malawi’s economy.

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