Ethiopia: Insurance Encouraging Smallholder Farmers

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In an interview with The Ethiopian Herald, published on, Solomon Zegeye, Micro Insurance Business Manager at Nyala Insurance Company, said weather index insurance service provided for smallholder farmers has registered positive outcomes in Ethiopia. "The World Bank and the World Food Program (WFP) are also playing crucial role in research and interpretation," said Zegeya on how donors are  involved in the process in providing finance, advise and other technical support. Although farming is the backbone of Ethiopia's economy, it is highly vulnerable to drought, weed, and pests. Many agree that agicultural insurance is a means for farmers to protect themselves from such problems.

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