traditional insurance

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Africa

Nigerian farmers lack insurance: payouts triggered by weather data offer a solution

  By Ifedotun Aina, University of Cape Town and Opeyemi Ayinde, University of Ilorin   Agriculture is hugely important to Nigeria. It makes up about a quarter of the country’s economy, and almost half of the population are smallholder farmers. Most farm on less than 10 hectares of land. It can be a tough way to make a living. Smallholder farmers in Nigeria regularly lose crops and livestock to floods […]

today17 September, 2024