Garment production is the economy’s main driver of growth in exports and formal employment creation in Madagascar, contributing to a third of total goods exports and over 100,000 jobs, 60 percent of whom are women.
Insurance scheme launched for Madagascar farmers cajnewsafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cajnewsafrica.com Daily Mail and Mail on Sunday newspapers.
Madagascar s farmers stand to build stronger climate resilience, increase productivity, and more easily access financial services thanks to an agricultural insurance program announced by IFC and the Government of Madagascar. IFC is a member of the World Bank Group.
Under the program, IFC will help Malagasy insurance companies develop targeted insurance products to protect farmers from weather-related risks and other natural disasters that threaten their livelihoods and undermine creditor confidence.
Agricultural insurance will help protect farmers from a wide range of natural disasters, including cyclones, droughts, floods, and pest invasions. Natural disasters cost Madagascar s economy on average 1 percent of GDP annually.
IFC, Orange Money partner to advance digital financial services in Madagascar africabusinesscommunities.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from africabusinesscommunities.com Daily Mail and Mail on Sunday newspapers.