Senegal to get $22m drought pay-out from AU agency

Withered maize crop. Senegal will receive at least $22 million drought insurance compensation from continental firm, the African Risk Capacity Insurance Company. PHOTO | FILE | NATION MEDIA GROUP

Senegal will receive at least $22 million drought insurance compensation from continental firm, the African Risk Capacity Insurance Company (ARC).

ARC, in a press release, said the pay-out will cover losses from crop failures caused by the severe rainfall deficits in the 2019 agricultural season.