Risk Pools

The African Risk Capacity risk pools aggregate risk from across the continent each season to take advantage of the natural diversity of weather systems across Africa. The risk pool then takes on the risk profile of the group rather than the risk profile of each individual country, combining the uncertainty of individual risks into a calculable risk for the group. 

Since it is unlikely that droughts, floods and tropical cyclones will occur in the same year in all parts of the continent, not every country participating in the pool will receive a payout in a given year. Because a continental risk pool’s exposure to covariant risk would be significantly smaller than a given country’s or region’s exposure, an ARC pool could manage climate risk with fewer funds than if each country financially prepared for its own worst case scenario individually.

 

Pooling
Risk Pool VIII (2021/2022)

Pool VIII

Coverage

Payouts

Insured People

COTE D'IVOIRE CENTRE

                9 135 462

 

             913 546

COTE D'IVOIRE NORD

                4 305 677

 

             430 568

MALI

              15 000 000

      14 535 969

          1 500 000

SENEGAL

              25 000 000

 

          2 500 000

REPLICA_BURKINA FASO

                3 018 474

 

             301 847

REPLICA_MALI

                7 362 989

        7 136 192

             736 299

REPLICA_SENEGAL

              11 107 700

 

          1 110 770

MAURITANIA CROP

                3 082 217

 

             308 222

MAURITANIA RANGELAND

                4 000 000

 

             400 000

REPLICA MAURITANIA CROP

                2 055 370

 

             205 537

REPLICA MAURITANIA RANGELAND

                2 667 133

 

             266 713

NIGER

                7 000 000

 

             700 000

THE GAMBIA

                2 479 520

 

             247 952

REPLICA THE GAMBIA

2 066 267

 

             206 627

TOGO NORD

                3 000 000

 

             300 000

TOGO SUD PETITE

                2 500 000

 

             250 000

SUDAN CROP

                4 225 550

 

             422 555

SUDAN RANGELAND

                3 018 870

 

             301 887

MADAGASCAR DROUGHT

 2 503 042

 

             250 304

MADAGASCAR TC

              11 690 000

 

          1 169 000

MALAWI NORTH

                1 659 700

 

             165 970

MALAWI CENTRAL

                1 949 250

 

             194 925

MALAWI SOUTH

                4 493 000

 

             449 300

MALAWI LOWER SHIRE

7 905 190

 

             790 519

ZAMBIA

                5 377 892

 

             537 789

ZIMBABWE

              13 150 640

 

          1 315 064

REPLICA START NETWORK ZIMBABWE

              13 150 640

 

          1 315 064

REPLICA WFP ZIMBABWE

                7 890 384

 

             789 038

REPLICA_MADAGASCAR DROUGHT

              1 251 874

 

             125 187

 

 

Risk Pool VII (2020/2021)

ARC’s risk pool covering the 2019/2020 agricultural season included 12 countries: The Gambia, Mali, Cote D’Ivoire, Niger, Senegal, Zimbabwe, Zambia, Madagascar, Malawi, Togo, Burkina Faso, Mauritania.
 

Pool VII

Coverage

Payouts

Insured People

THE GAMBIA

                1 128 178

 

             112 818

COTE D'IVOIRE CENTRE

                8 000 000

 

             800 000

COTE D'IVOIRE NORD

                4 305 679

        2 185 100

             430 568

MAURITANIA

                6 451 139

 

             645 114

NIGER

               7 000 000

 

             700 000

TOGO NORD

                1 498 058

 

             149 806

TOGO SUD PETITE

                1 338 675

 

             133 868

REPLICA_BURKINA FASO

                4 397 760

 

             439 776

REPLICA_MALI

              15 000 000

 

          1 500 000

REPLICA_MAURITANIA

               6 451 139

 

             645 114

REPLICA_GAMBIA

                2 256 126

 

             225 613

MADAGASCAR_DROUGHT

                2 799 451

 

             279 945

MADAGASCAR_TROPICAL CYCLONE

                9 890 026

 

             989 003

MALAWI

              15 500 999

 

          1 550 100

ZAMBIA

               7 122 400

 

             712 240

ZIMBABWE

              13 483 000

 

          1 348 300

REPLICA_ZIMBABWE

              10 780 741

 

          1 078 074

 

 

 

Risk Pool VI (2019/2020)

ARC’s risk pool covering the 2019/2020 agricultural season included 11 countries: The Gambia, Mali, Cote D’Ivoire, Niger, Senegal, Chad, Zimbabwe, Madagascar, Togo, Burkina Faso, Mauritania.
 

Pool VI

Coverage

Payouts

Insured People

THE GAMBIA

                1 761 681

 

             176 168

MALI

              15 000 000

 

          1 500 000

COTE D'IVOIRE CENTRE

                4 000 000

          738 540

             400 000

COTE D'IVOIRE NORD

                4 000 000

 

             400 000

NIGER

                1 322 570

 

             132 257

SENEGAL

              20 000 000

      12 522 508

          2 000 000

CHAD

                1 200 000

 

             120 000

ZIMBABWE

                5 345 668

        1 465 602

             534 567

MADAGASCAR

                2 500 000

        2 126 803

             250 000

TOGO

                4 500 000

 

             450 000

REPLICA_BURKINA FASO

                7 000 000

 

             700 000

REPLICA_MALI

              12 677 009

 

          1 267 701

REPLICA_MAURITANIA

                9 256 528

          167 133

             925 653

REPLICA_SENEGAL

              17 022 967

      10 658 512

          1 702 297

REPLICA_ZIMBABWE

                1 065 329

          290 288

             106 533

REPLICA_GAMBIA

                3 522 014

 

             352 201

 

Risk Pool V (2018/2019)

ARC’s risk pool covering the 2018/2019 agricultural season included 3 countries: Burkina Faso, Senegal, The Gambia.
 

Pool V

Coverage

Payouts

Insured People

BURKINA FASO

                6 000 000

 

             600 000

SENEGAL

              25 000 000

    67 200

          2 500 000

THE GAMBIA

                3 300 000

 

             330 000

 

Risk Pool IV (2017 - 2018)

ARC’s risk pool covering the 2017/2018 agricultural season included five countries: Senegal, the Gambia, Mauritania, Burkina Faso, and Mali.
 

Pool IV

Coverage

Payouts

Insured People

BURKINA FASO

                7 000 000

 

             700 000

MALI

              12 632 609

 

          1 263 261

MAURITANIA

                7 500 000

 

             750 000

SENEGAL

              21 148 867

 

          2 114 887

THE GAMBIA

                7 000 000

 

             700 000

 

Risk Pool III (2016 - 2017)

Entering its third year, ARC welcomed one new member. The risk pool for the 2016/2017 agricultural season included the following countries: Burkina Faso, Niger, Senegal, The Gambia,  Mali, Mauritania.
 

Pool III

Coverage

Payouts

Insured People

BURKINA FASO

              10 000 000

 

          1 000 000

MALI

              15 000 000

 

          1 500 000

MAURITANIA

              10 000 000

 

          1 000 000

NIGER

             30 000 000

 

          3 000 000

SENEGAL

              24 799 273

 

          2 479 927

THE GAMBIA

                5 000 000

 

             500 000

 

 

Risk Pool II (2015 - 2016)

The risk pool for the 2015/2016 agricultural season included the following countries: Kenya, Mauritania, Niger, Senegal, The Gambia, Mali, Malawi.
 

Pool II

Coverage

Payouts

Insured People

 KENYA (Long rains Arid)

              15 000 000

 

          1 500 000

 KENYA (Long rains Semi-Arid)

              15 000 000

 

          1 500 000

 KENYA (Short rains Arid)

              15 000 000

 

          1 500 000

 KENYA (Short rains Semi-Arid)

              15 000 000

 

          1 500 000

 MALAWI

              30 000 000

 8 106 846

          3 000 000

 MALI

              15 000 000

 

          1 500 000

 MAURITANIA

                9 000 000

 

             900 000

 NIGER

              30 000 000

 

          3 000 000

 SENEGAL

              30 000 000

 

          3 000 000

 THE GAMBIA

                4 740 000

 

             474 000

 

Risk Pool I (2014 - 2015)

The African Risk Capacity’s inaugural risk pool launched in 2014 and covered the 2014/2015 agricultural season. The risk pool consisted of four countries: Kenya, Mauritania, Niger, and Senegal.
 

Pool I

Coverage

Payouts

Insured People

KENYA (Long Rains)

              30 000 000

 

          3 000 000

KENYA (Short Rains)

              30 000 000

 

          3 000 000

MAURITANIA

                9 000 000

        6 331 915

             900 000

NIGER

              30 000 000

        3 463 409

          3 000 000

SENEGAL

              30 000 000

      16 506 656

          3 000 000