African experts and government officials came together for the launch of African Risk Capacity’s (ARC) Outbreak & Epidemic (O&E) insurance pilot programme on September 13-15 in Accra, Ghana. This product represents an effort to significantly improve the continent’s ability to protect against and respond to disease outbreaks and epidemics. Representatives from across Africa met to establish the fundamentals for ARC’s O&E parametric insurance product, which will be able to deliver rapid and targeted funds for detected outbreaks, an intervention that studies have shown can result in a more contained outbreak.
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Financing for Development in Africa 