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Africa: Major insurers and banks join hands to manage biodiversity risks

by AIP Online Bureau | Jun 11, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance

Responsible management of Africa’s natural capital, including its water, soil and forests, “creates fantastic opportunities and contributes to the growth and development of the continent,” Rachael Antwi, group head of ESG at Ecobank said Financial institutions that...

Warming Africa threatens insurers’ quest for profit

by AIP Online Bureau | Jun 10, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance

Temperatures in southern Africa rose at twice the global rate on average in the five years leading up to 2019, according to a report by the Intergovernmental Panel on Climate Change Yet insurers are undeterred, with some looking to expand even in vulnerable...

Covid-19 cases cross11.57 mn in Africa, over 252,000 deaths reported

by AIP Online Bureau | May 19, 2022 | Data, Health, Pandemic

The specialised healthcare agency of the African Union said the death toll across the continent stands at 252,771 and nearly 10,892,454 patients have recovered from the disease so far The number of confirmed Covid-19 cases in Africa reached 11,570,885, the Africa...

Over 70% of Africa’s economies at risk from Russia’s war in Ukraine: UN report

by AIP Online Bureau | Apr 18, 2022 | Eco/Invest/Demography, International News

Preliminary analysis suggests that as many as 1.7 billion people in 107 economies are exposed to at least one of the three risks highlighted by the Global Crisis Response Group “The war is supercharging a three-dimensional crisis – food, energy and finance –...

Cyclones in Africa exacerbated by climate change: Study

by AIP Online Bureau | Apr 16, 2022 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News

“While our analysis clearly shows that climate change made the storms more damaging, our ability to establish precisely by how much was hampered by inconsistent data and lack of weather observations. This would also help to improve forecasts of extreme weather events...
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