This paper discusses a methodology to model precipitation indices and premium prices for index-based drought insurance for smallholders. Spatial basis risk, which is borne by the insured, is a problem, especially in variable topography. Also, site-specific drought risk needs to be estimated accurately in order to offer effective insurance cover and ensure financial sustainability of the insurance scheme. We explore farmers' perceptions on drought and spatial climate variability and draw conclusions concerning basis risk with regards to the proposed methodology.
This study presents the results from a meso-inventory conducted in Kebbi State, Northern Nigeria between March and July 2018. Was explored the extent to which the farmed-fish value chain is transforming structurally and the roles of capture fishing versus farmed fish. Kebbi is one of Nigeria’s leading states for fish production. Though largely Sudan Savanna (in the north) and Northern Guinea savanna (in the south), and thus semi-arid tropics, there is still a lot of water and a lot of fish.