Senegal: Agricultural Insurance Policy launched for onion producers
A new insurance policy will be available for onion producers in the regions of Louga, Saint-Louis and Thiès, it was revealed during a workshop on September 3rd in Thiès.A new insurance policy will be available for onion producers in the regions of Louga, Saint-Louis and Thiès, it was revealed during a workshop on September 3rd in Thiès.
"The Insurance-onion scheme in the Niayes region will protect producers against damages caused by heat, off-season rains, grasshoppers and rot," Ndiobo Diène, advisor at the agricultural ministry, was quoted by APS news agency as saying.
It was created in partnership with the Canadian International Development Agency, the Senegal National Agricultural Insurance Company and the support fund for the Niayes region.
Mr Diene highlighted the importance of this insurance due to the impact it could have on the development of onion farming and the Senegalese economy.
He explained that current production, which generated a turnover of seven billion CFAF (€10.7 million) in 2010, does not satisfy national demand and forces the Government to import from other countries. The potential for development is therefore high for Senegalese producers.
The advisor also announced the introduction of an insurance for crops in West Africa, developed by the West African Development Bank and the West African Economic and Monetary Union, TVM news reports.