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Africa’s first ‘Islamic-compliant’ livestock insurance pays 100 Kenyan herders for drought-related livestock losses

Susan Macmillan in ILRI News: March 30, 2014. Carbon based Climate Change Adaptation

Today, for the first time in Africa, an insurance policy that combines an Islamic-compliant financial instrument with innovative use of satellite imagery is compensating Muslim pastoralists for drought-induced losses suffered in Kenya’s northeastern Wajir County, where livestock are valued at Ksh46 billion (USD550 million)…read more

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