El Niño to trigger drought insurance payouts in Zimbabwe

A drought driven by the El Nino weather pattern will likely trigger insurance payouts to four southern African countries that took out cover with an agency of the African Union.

Malawi, Zambia, Zimbabwe, and Mozambique will receive payments at the end of the harvesting season, according to current projections, African Risk Capacity said in a statement.

El Nino, which brings dry and hot weather to Southern Africa, has decimated harvests of corn across the region.

This story is for NewsDay subscribers.