Zimbabwe buys US$2.8m drought cover, adopts new climate-risk strategy

Staff Writer

Zimbabwe has strengthened its protection against climate-related shocks by joining a regional insurance pool and adopting a comprehensive disaster-risk financing strategy.

Finance, Economic Development and Investment Promotion Minister Mthuli Ncube in the 2026 national budget said Zimbabwe “ratified the African Risk Capacity (ARC) Treaty in March 2025, becoming a full member and entrenching

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