Scaling Resilience Through Partnership: Ethiopia’s Agricultural Insurance Consortium Launch

Last week marked a major milestone for agricultural resilience in Africa. We were proud to announce the launch of the Agricultural Insurance Consortium of Ethiopia (AICE) — a pioneering collaboration of five national insurers Nyala Insurance S.C., Oromia Insurance, Abay Insurance S.C, Ethiopian Insurance Corporation (EIC), and Africa Insurance Company,  supported by Ministry of Agriculture, Ethiopia, Ministry of Finance Ethiopia,National Bank of Ethiopia, Association of Ethiopian Insurers, and development partners — Bayer Foundation, KfW, World Food Programme, ISF Advisors , FSD Ethiopia.

Together, we have committed to scale index-based insurance to 3 million smallholder farmers by 2026, strengthening food systems and protecting livelihoods in one of the most climate-vulnerable agricultural economies in the world.

The establishment of the Consortium symbolizes the commitment to build a sustainable, inclusive, and technology-powered insurance ecosystem that can drive long-term agricultural transformation.

We thank our team member and partners for their shared vision and action.