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VIDEO: Africa's Tour de France debut

2015-07-10 14:04:35| BBC News | Business | UK Edition

The BBC's Taurai Maduna reports on the business model driving Africa's cycling team.

Africa's climate insurance scheme expands, eyes aid agency clients

2015-07-09 17:34:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Africa's fledgling insurance scheme covering governments against drought expects to add five countries this year, expanding its client base to nine nations, and plans to offer insurance for tropical cyclones and floods from next May. In its first year of operation, African Risk Capacity (ARC), an African Union agency, insured Niger, Senegal, Mauritania and Kenya for $129 million in total losses, and paid out $26.3 million after three West African states suffered low rainfall. Senegal, Niger...

Tags: insurance eyes clients agency

Africas DRC Could Lose Vast Forests

2015-07-06 17:57:00| Climate Ark Climate Change & Global Warming Newsfeed

ClimateWire: If measures proposed by the Democratic Republic of Congo to protect its tropical forests are not enacted, it could result in a significant uptick in the nation's deforestation rate, according to a recent study. According to the paper, published by the journal PLOS ONE, forests blanket 1.1 million square kilometers (425,000 square miles) of the DRC and contain an estimated 22 billion metric tons of carbon. It's the second-largest forest carbon stock on the planet. The DRC has proposed measures...

Tags: lose vast forests drc