International Labour Office’s (ILO’s) Impact Insurance Facility, Agence Francaise de Developpement (AFD) Seek to Stimulate Innovation in Microinsurance in Sub-Saharan Africa

The Impact Insurance Facility of the UN’s International Labour Office (ILO) and the French government’s Agence Francaise de Developpement (AFD) recently signed a three-year partnership seeking to strengthen the resilience of middle-income workers in the informal sector in Sub-Saharan Africa. This is intended to increase capacity building for six to eight partners in Sub-Saharan Africa, as well as to increase participating governments’ awareness of microinsurance. Financial details of this partnership have not been reported.

Source: MicroCapital