Overview

Kenya is a lower-middle-income country, where agriculture provides a vital contribution to the economy, ensures food security and employs half the population. The worsening effects of climate change could disrupt this key sector and put pressure on vulnerable communities. Building financial resilience against these risks is key to ensuring a sustainable future for the country.

Main Natural Hazards

Drought, Flood

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1 Source:
https://drmkc.jrc.ec.europa.eu/inform-index/INFORM-Risk/Country-Risk-Profile
State of multidimensional fragility

Fragile

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1 Source:
https://www3.compareyourcountry.org/states-of-fragility
Number of insurance providers

23 life insurance companies, 35 general insurance companies and 5 reinsurers

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1 Source:
https://www.ira.go.ke/index.php/registered-insurers-2024/category/70-regulated-2024?download=575:registered-insurers-2024
% Workforce engaged in agriculture

33% (2022)

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1 Source:
https://data.worldbank.org/indicator/SL.AGR.EMPL.ZS
Multidimensional poverty

37.5% (2014)

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1 Source:
https://hdr.undp.org/system/files/documents/hdp-document/2023mpireporten.pdf
Insurance penetration

2.3% (2022)

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1 Source:
https://cytonn.com/topicals/kenya-listed-insurance-2
Biodiversity ranking

#23 out of 239 countries and territories (2023)

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1 Source:
https://worldrainforests.com/03highest_biodiversity.htm
Small business % contribution to workforce

50% of total employment

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1 Source:
https://www.mckinsey.com/mgi/our-research/a-microscope-on-small-businesses-spotting-opportunities-to-boost-productivity

Our projects

Woman picks maize