Day: February 20, 2024

Largest-ever micro-insurance payout made to Ethiopian pastoralists

Sources https://news.ilri.org/2017/09/18/largest-ever-micro-insurance-payout-made-to-ethiopian-pastoralists/ More than 2,250 pastoralists received insurance payouts following the extremely poor rains this year in southern Ethiopia. Low levels of rainfall have led to the loss of approximately 300,000 livestock in 2017 in the Borana zone of the southern Oromia region. The insurance payouts of more than ETB 5.233 million (USD 220,000) was Largest-ever micro-insurance payout made to Ethiopian pastoralists