Subsidizing Agricultural Insurance in sub-Saharan Africa
Agriculture policy
African farmers reliant on rainfed agriculture are profoundly vulnerable to the effects of climate change, especially climate shocks like severe drought or flooding. A single season of extreme weather can erase years of assets and cause a backslide into poverty, especially affecting children and girls.
- Agricultural insurance can provide a safety net, but requires subsidization to be accessible and effective. Such subsidies are already the norm for farmers worldwide – yet in rural Africa, where subsidized crop insurance is most needed, it is least available. As a result, 97% of African farmers lack coverage.
- One Acre Fund has the farmer network, track record of impact, and insurance expertise to fill this market gap and provide subsidized crop insurance to smallholders across Africa.
Social enterprise
How to build trust with One Acre Fund
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Financial Performance
2023 Financial Performance
Download the overview of our 2023 Financial Performance.
Audited financials
2023 Audited Financials
Download the consolidated financial statements for One Acre Fund and subsidiaries, years ended 31 December 2023 and 2022.
Annual report
2023 Annual Report
In our 2023 Annual Report, we underscore our responsibility to smallholder farmers, who sit at the heart of agricultural transformation in Africa.
