Norway Boosts Africa’s Climate Resilience with $4.5 Million Investment
Johannesburg: Norway, through its development agency Norad, has committed NOK 50 million (approximately $4.5 million) to Africa Risk Capacity Limited (ARC Ltd.) to bolster Africa’s resilience against climate change. The initiative, known as Supporting Adaptation Capacity Through Increased Parametric Insurance Penetration in Africa (SACPIP-Africa), aims to strengthen African nations’ ability to forecast, assess, and respond […]