24 January 2010

Herd Insurance

From the BBC
A new insurance scheme has been launched in northern Kenya which offers herdsmen a chance to protect their livestock against drought.
The animals are for many people the equivalent of their bank account, so insuring their herds may be a way of avoiding future economic crises.
Awesome. Southern Sudan could really use this, there is a huge stock of wealth stored in cattle.

Hat-tip: TH

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