ACRE Africa, the brand name of Agriculture and Climate Risk Enterprise Ltd. (ACRE), links farmers to insurance products so that they can confidently invest in their farms. Since inception, over 1 Million farmers in Kenya, Tanzania and Rwanda were insured from a variety of weather related risks & livestock diseases through products we designed. ACRE Africa is not an insurance company, but rather a service provider working with local insurers and other stakeholders in the agricultural insurance value chain. The ACRE Africa team undertakes risk assessment, product development and risk monitoring to facilitate access to insurance products for smallholders. With tailored micro-insurance products, farmers can confidently invest in quality inputs, increase their productivity and access agricultural loans.
External link for ACRE Africa
Lower Kabete Road
Springette Properties
Nairobi, Nairobi 00100, KE
Gisimenti, Airport Road
Kigali, Kigali 00100, RW
Barclays House, Ohio Street
4th Floor
Dar es Salaam, Dar es Salaam 00100, TZ
ACRE Africa reposted this
Cheers to 10 Years 🥂 From an idea of empowering farmers to manage risks and build resilience, to transforming over 5 millions of lives across Africa. Our #10thanniversary was a night to remember, filled with laughter, joy, and shared memories! Press play, feel the vibe, and join us as we step boldly into the future! #ACRETurns10 #BuildingFarmerResilience #CelebratingImpact #ACREat10
Cheers to 10 Years 🥂 From an idea of empowering farmers to manage risks and build resilience, to transforming over 5 millions of lives across Africa. Our #10thanniversary was a night to remember, filled with laughter, joy, and shared memories! Press play, feel the vibe, and join us as we step boldly into the future! #ACRETurns10 #BuildingFarmerResilience #CelebratingImpact #ACREat10
Innovation has been integral in our #10years journey. The #Blockchain technology is enabling us to offer smart contracts to farmers and ensure efficiency in timely mid-season and end-season payouts! #Innovation #BuildingFarmerResilience
🌾ACRE Africa is revolutionizing Climate insurance for smallholder farmers 🌍💧 By utilizing blockchain smart contracts, ACRE Africa addresses the urgent need for rapid, transparent insurance payouts for those most vulnerable to extreme weather events. 🌱 1️⃣ Smallholder farmers in Africa face immense challenges due to climate shocks and extreme weather, often suffering from prolonged waits for insurance payouts. Traditional insurance options are slow and can leave farmers financially devastated before they receive help. 2️⃣ Partnering with Etherisc and Mercy Corps Ventures, ACRE Africa integrated smart contract technology into their Bima Pima weather index insurance product. This groundbreaking approach leverages real-time weather data and GPS to monitor conditions and trigger automatic payouts when extreme events occur. 3️⃣ With 40% of claims processed within 24 hours of extreme weather events, payout times were reduced by 64%, and coverage for farmers increased by 27% compared to the previous season. Farmers reported a 58% improvement in onboarding, communication, and access to policy information. 🌍 Stay tuned as we continue to spotlight projects like ACRE Africa that are transforming the landscape of climate resilience with digital tools. Learn more about ACRE Africa at our Impact Base ➡️ https://lnkd.in/ecRxa6K6
Marking a Decade of Impact! We celebrate #10years of serving farmers across Africa with Innovative Risk Management Solutions. Through our services, we have connected over 5 million farmers to stakeholders who provide access to agricultural insurance, input financing, capacity-building programs, and expert advisories, empowering them to build resilience and drive sustainable growth in the agriculture sector. #ACREat10 #BuildingFarmerResilience Read more in this feature by Panagrimedia: https://lnkd.in/d6mwjhKa
Yesterday marked a momentous occasion for us at ACRE Africa as we celebrated our #10thanniversary! Joining the industry back in 2014 when agriculture insurance was such a new innovation, to coming 10 years is such a milestone. Stay tuned as we will be sharing more on our journey and how the future looks like for us and our partners as we continue to link them to innovative risk management services! #ACREat10 #BuildingFarmerResilience.
Leveraging technology to address #accessibility and #affordability of risk mitigation solutions such as crop insurance by smallholder farmer. Watch more to learn how we use smartphone, AI and Machine Learning to cushion farmers against extreme weather events beyond their control. https://lnkd.in/d-_gTWwX UNEP Copenhagen Climate Centre and UNEP Sumalee Khosla Farid Keya Carol Kamau Lilian Waithaka Ewan Wheeler Olga Speckhardt Richard Leftley Hope Murera Dr. (h.c.) Nelson Kuria OGW, MBS, F.IoDK Lucy Kioko Stella Kimani ZEP-RE (PTA Reinsurance Company) Jean Eyase Niki (Sajni) Shah
Why are new varieties not gaining traction among farmers despite the change in climate? Why are they still stuck to varieties that were produced over 20 years ago? To advance integrated risk management solutions for smallholder farmers in Africa, we partnered with the International Food Policy Research Institute (IFPRI) and the Kenya Agricultural and Livestock Research Organization (KALRO) to accelerate seed varietal turnover. In 7 counties in Kenya, we provided trial seed packs and hosted cooking demonstrations to identify producer and consumer preferences influencing varietal adoption. By bundling #insurance with these trials, we encouraged #technology #adoption while protecting farmers against climate risks, significantly boosting their willingness to embrace new seed varieties. Watch this video to learn more! Ewan Wheeler Diana Machogu Lilian Waithaka Berber Kramer Carol Kamau Carol Waweru kennedy busienei DR. EMILY KILONZI Dr Benjamin Kivuva. Patyster Nasambu Paul Kiogora Jean Eyase
Today we are sharing findings in a Maize Seed Marketing Workshop organized by our partners International Food Policy Research Institute (IFPRI) and International Maize and Wheat Improvement Center (CIMMYT). The aim of this workshop is to dissect into the challenges and opportunities for accelerating varietal turnover. Our Business Development Officer, Diana Machogu will share insights on how we are collaborating with input providers to bundle insurance to seeds in order to accelerate technology adoption and farmer uptake. Let's explore innovative solutions that accelerate varietal turnover and empower farmers. Share your thoughts or connect with us at www.acreafrica.com to collaborate on driving sustainable agricultural practices.
As an ongoing gender action approach, we partnered with a popular television show, Shamba Shape-Up and International Food Policy Research Institute (IFPRI) to produce an edutainment video messaging on #gender #inclusion dubbed 'the wise woman'. Through this video; https://lnkd.in/dpQ3RttZ we highlight critical topics, including: - The Power of Joint decision-making: Encouraging both men and women to make farming and financial decisions together for stronger household outcomes. - Breaking gender stereotypes: Addressing the myths that limit women’s roles in agriculture and highlighting their essential contributions to resilient farming practices. - Confronting intimate partner violence: Emphasizing the importance of safe, supportive family environments. - Resilient risk management strategies: From purchasing high-quality seeds to adopting climate-resilient practices. Join us as we work toward building #sustainable, #inclusive agricultural communities. Through platforms like Shamba Shape-up, we reach farmers with practical, actionable guidance that transform lives. Ewan Wheeler Lilian Waithaka Berber Kramer Paul Kiogora Amos Ruto Jean Eyase Busara Alliance of Bioversity International and CIAT International Food Policy Research Institute (IFPRI) Dr Jemimah Njuki iShamba Limited Kenya Agricultural and Livestock Research Organization (KALRO) ZEP-RE (PTA Reinsurance Company)
With nearly 55% penetration of smartphones and internet access now reaching 43% in Africa, we're seeing a real shift toward resilience in agriculture! At ACRE Africa, we are harnessing these advances to make innovative insurance solutions accessible to smallholder farmers, helping them protect their crops and livelihoods from climate-related risks. A great example of this approach is our novel Picture Based Insurance solution that we scaled in Uganda, where weather-indexed insurance is transforming banana farming by helping farmers mitigate losses. Through partnership with Agro Consortium (U) Limited and Banana Industrial Research & Development Center and funding from #AdaptationFund through the #NDCActionProject; a joint initiative between the UN Environment Programme (UNEP) and the UNEP Copenhagen Climate Centre (UNEP-CCC), we are implementing this to farmers in Uganda. Read more: https://lnkd.in/dkwXYMYB. Farid Keya Ewan Wheeler Sumalee Khosla Lilian Waithaka Stella Kimani Mercy Rurii Dr Jemimah Njuki Amos T. Joseph Chegeh Berber Kramer Carol Waweru Carol Kamau Francesco Cecchi kennedy busienei Agronomist Macharia Jean Eyase SunYoung Suh