<3%
insured
USD14
billion
Agri-insurance market in Africa
48
million
Small farmholders in Sub-Saharan Africa
MyUbuntuInsurance: Securing Futures, Sustaining Agriculture
Powering lives, one family at a time
Nigeria
No 59, Usuma Street, Maitama, Abuja, FCT
Zimbabwe
191 Enterprise Road, Chisipite, Harare
Malta
C1, Midland Industrial Park, Burmarrad Road, Naxxar
MyUbuntu Insurance introduces a groundbreaking parametric weather insurance tailored specifically for the smallholder farmers of Sub-Saharan Africa, starting with a pioneering program in Zimbabwe. This innovative solution harnesses advanced data analytics and satellite technology to monitor environmental conditions precisely. When certain predefined climate thresholds are met—be it drought or excessive rainfall—our system automatically triggers payouts, ensuring that farmers receive timely financial support without the delays typically associated with traditional insurance claims.
Our product is designed to revolutionize how smallholder farmers manage agricultural risks. By integrating this insurance solution with mobile technology, MyUbuntu Insurance makes accessibility in remote areas a reality, empowering farmers to invest confidently in their crops and agricultural practices despite the unpredictability of weather patterns. This approach not only mitigates financial risks but also catalyzes a broader adoption of sustainable agricultural practices across the region.
Partnering with AFC Holdings for robust insurance and distribution, and utilizing Hillridge Technology’s platform, MyUbuntu Insurance is poised to bridge the significant protection gap that exists for millions of smallholder farmers. Our mission is to transform the insurance landscape in Sub-Saharan Africa, providing a safety net that enhances resilience, fosters sustainable development, and promotes economic stability among the communities most vulnerable to climate change.