Ethiopia Unveils Consortium to Insure Millions of Farmers

Jul 6 , 2025

Ethiopia has launched its Agricultural Insurance Consortium (AICE), pledging to protect three million farmers by 2026. Announced on July 3, 2025, at the Hyatt Regency, the initiative is backed by Pula Advisors and five major Ethiopian insurers. AICE plans to promote climate resilience through insurance bundled with the government’s input voucher system. Leveraging AI platforms like Mavuno and PIE, it plans to standardise products, lower costs, and expand coverage to over 200 woredas. With agriculture supporting 85pc of the population but formal insurance almost non-existent, this marks a significant shift. So far, one million farmers have been covered and more than 240 million Br paid in claims. Officials are now calling for regulators and ministries to integrate the model into national policy.