Now reading: Beyond the numbers: Tailoring insurance cover for MSMEs

Sustainability


While global efforts prioritise carbon emission reduction, Africa contends with immediate losses—environmental degradation, food scarcity, and economic instability—challenges that threaten to unravel development and exacerbate poverty. This highlights the need to merge development and climate strategies, ensuring community resilience under these conditions. 

Cenfri has been actively involved in shaping the insurance resilience landscape through a variety of projects. This has been possible through collaboration with key stakeholders like UNEP FI, FSDA, NDSI, and AXA. Our body of work includes insurance and inclusion diagnostics, climate risk management convenings and drafting policies and strategies that leverage insurance as a response to climate risks.  

We are keen to partner with others in expanding our portfolio of sustainability work and are exploring how to manage the trade-offs between economic opportunity, security and sustainability in Africa.

Ecosystems & Economic Opportunity

Beyond the numbers: Tailoring insurance cover for MSMEs

Micro, small and medium-sized enterprises (MSMEs) are the lifeblood of most economies globally. They are recognised as one of the primary engines for growth and employment, making up at least 90% of businesses and more than 50% of employment worldwide. Policy-makers and donors are increasingly pushing MSME development, and global

ustomer due diligence and know-your-customer for Covid19 recovery
Data and Analytics

Smart business intelligence: MYAccounts case study

Micro, small and medium-sized enterprises (MSMEs) play a key role in economic development, but they face challenges in accessing finance. In Uganda alone (as in most other sub-Saharan African countries), MSMEs account for approximately 90% of private-sector production, over 80% of manufactured output and 18% of GDP contribution (National Small Business Survey of Uganda, 2015; Ministry of Trade,

Financial Inclusion

Diving into the data

Micro, small, and medium-sized enterprises (MSMEs) are recognised globally as a major engine of growth and employment creation. Access to finance is their most commonly cited barrier to growth. The IFC estimates that there are between 200 and 245 million formal and informal MSMEs in developing countries that do not