Crop insurance in South Africa started in 1929 by a group of farmers in the Eastern Free State.
The UN Report, Climate Change 2022: Impacts, Adaptation and Vulnerability, shows that Africa’s agricultural productivity growth has reduced by 34% since 1961. This is more than any other region.
In 2022, Grain SA reported that 20% of grain producers in South Africa lost more than 60% of their white maize plantings to water damage.
It's estimated that only 30% of South Africa’s R2.5 billion annual crop industry is typically insured.