On the margins of the 13th Session of the ARC Conference of the Parties COP 13, the ARC Group hosted a panel discussion under the theme, “ARC @10: Lessons learned and perspectives” following its recent 10-year anniversary celebrations in November 2022. Given the escalating climate crisis and its impact on the continent, it was fitting that ARC and its stakeholders review its first decade of existence, take stock of the role the organisation has played in the Disaster Risk Financing landscape in Africa, and review the lessons learned over the decade.

The ARC Group has just concluded its 13th session of the Conference of the Parties (CoP 13) held at the African Union (AU) Headquarters in Addis Ababa, Ethiopia on 3 and 4 April 2023. The COP is the supreme decision-making organ of the ARC Group, and has the responsibility to provide the final approvals on critical matters after Board reviews and endorsements. CoP 13 was organised jointly by the ARC Secretariat and the Department of Agriculture, Rural Development, Blue Economy and Sustainable Environment of the African Union Commission.

Start Network is pleased to announce US$4.2 million of new funding to help protect people in Somalia from ever-worsening drought. The pay out is a result of a collaboration between the Federal Government of Somalia, African Risk Capacity and the UK Government.

FAO has joined efforts with the African Risk Capacity (ARC) Group to integrate gender dimensions in climate action and disaster risk management and reduction in Sub-Saharan Africa.

The MoU signed consolidates the ongoing partnership between FAO and ARC, which has already demonstrated solid results in awareness-raising and data-generating efforts. The outlined areas of cooperation for the five-year agreement include advocacy and awareness-building, gender mainstreaming, technical mutual support, and resource mobilization.

Dakar, 8 décembre 2022 – La Mutuelle panafricaine de gestion des risques (ARC) a annoncé aujourd’hui le lancement officiel du produit d’assurance paramétrique contre les risques épidémiques à fort impact ainsi que la participation du Sénégal en tant que premier pays africain à adhérer à ce nouveau mécanisme de financement innovant. 

Dakar, December 8, 2022 - The African Risk Capacity (ARC) today announced the official launch of the parametric insurance product against high-impact epidemic risks and Senegal's participation as the first African country to join this new innovative financing mechanism.

Sharm El Sheikh, 14th November – The European Union (EU) Commission announced funding of EUR 9 million in the form of grants to the African Risk Capacity (ARC) at a special COP 27 event as part of marking the 10th anniversary of the specialized agency of the African Union.

Sharm El Sheikh, November 10th – As the impact of global warming intensifies, it has become inevitable to leverage dynamic tools and modelling technologies to better predict and respond to critical weather and environmental conditions.

The African Risk Capacity (ARC) is pleased to announce the organization of a two-half day virtual Technical Review Forum (TRF) of its Flood Model. The TRF will be held on 9 - 10 November 2022 in Johannesburg, South Africa in English with simultaneous translation in French and Portuguese.

Kampala, Uganda, October 10th – The Arab Bank for Economic Development in Africa and the African Risk Capacity have signed a Memorandum of Understanding to enhance joint efforts and cooperation in Disaster Risk management and Climate Action in Africa.