← Financing Africa’s Future
Scaling insurance to close the protection gap in Africa artwork

Scaling insurance to close the protection gap in Africa

Financing Africa’s Future
E1016:04
Play episode

Show notes

Only one in ten African households has insurance, but innovation is rapidly changing that reality. In this episode of Financing Africa’s Future, we sit down with Elias Omondi, Principal for Innovation for Resilience at FSD Africa, to explore how new models are expanding coverage and strengthening financial resilience across the continent. From microinsurance and parametric climate products to regulatory sandboxes, insurtech acceleration and the pioneering BimaLab programme, Elias unpacks the solutions bringing affordable, accessible protection to informal workers, smallholder farmers and low-income households. This episode offers a sharp, compelling look at how insurance innovation, climate-risk finance and inclusive design are reshaping Africa’s risk-protection ecosystem. Listen now and subscribe for more insights on how financial innovation is transforming lives across Africa.

More from this show

More
  1. Tapping Securitisation to Unlock MSME Financing in Africa

    What if future repayments on loans to small businesses and farmers could unlock more capital for lenders, allowing them to finance even more customers? In this episode of Financin…

    E2316:00
  2. Tackling Africa's Debt Challenge

    How can African countries manage rising debt pressures while preserving the fiscal space needed for development? In this episode of Financing Africa’s Future, Kaara Wainaina speak…

    E2217:13
  3. Inside Nigeria’s Drive to Deepen Capital Markets

    Nigeria’s capital markets are at a pivotal stage, with market reform, liquidity, new investment products and regulatory innovation shaping the next phase of growth. In this episod…

    E2113:36
  4. Building a Securities Exchange from Scratch: How Ethiopia did it

    Ethiopia’s capital markets are entering a new phase, with reforms creating opportunities to mobilise domestic capital, deepen financial intermediation and expand access to long-ter…

    E2030:35
  5. Ethiopia Stock Exchange Story

    In Episode 19 of Financing Africa’s Future, Dr. Tilahun Esmael Kassahun, Founding Chief Executive Officer of the Ethiopian Securities Exchange (ESX), reflects on building Ethiopia’…

    E1926:50
  6. Mobilising Ghana's Institutional capital into SME's

    Africa’s institutional capital remains heavily concentrated in low-risk assets, while many high-growth businesses across the continent continue to face limited access to long-term…

    E1810:47
Now Playing
Financing Africa’s Future — Scaling insurance to close the protection gap in Africa | Podcast | Josplay Music