Zimbabwe has received a direct drought insurance payout of US$16.8 million from the Africa Risk Capacity Group to mitigate hunger.
Both the urban and rural populations in Zimbabwe will need food assistance before the next rainy season. "We appreciate the African Union for establishing the ARC Agency, offering innovative disaster risk financing solutions," added Ncube. Ncube also indicated that the 2019/20 drought insurance payout benefited a lot of vulnerable households.Since then, the Government of Zimbabwe, in partnership with KFW, Swiss Development Cooperation, Africa Development Bank, World Food Programme, and Start Network, has consistently purchased sovereign policies and replica policies to enhance disaster risk management and ensure food security.