A World Bank-backed livestock insurance cover has earned Sh1 billion in premiums from Kenyan farmers in under a year, highlighting growing interest among pastoralists seeking to shield themselves from drought-related losses.
The project dubbed De-risking, Inclusion and Value Enhancement of pastoral economies (DRIVE) that started in July 2022 has since insured 73,000 pastoralists across 21 counties including Isiolo, Samburu, Marsabit, Wajir and Tana River