Zimbabwe: Econet Launches Drought Cover

27 September 2013

ECONET Wireless Zimbabwe has developed a weather-indexed drought insurance cover for smallholder farmers allowing farmers to make a financial claim if their crops fail because of either inadequate or excessive rainfall.

Under the scheme known as EcoFarmer, a farmer can buy insurance for as little as US8c per day deducted from their prepaid phone account during the agricultural season.

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