Closing date and time: 26th March 2025 @ 2359hrs
Background: Over 70 percent of Lesotho’s population lives in rural areas and depends on agriculture as the primary source of income, and about 80 percent relies on subsistence farming. The agricultural sector accounts for more than 17 percent of GDP, but only 10 percent of the country’s land is arable. Agriculture is rain-fed and most households’ ability to meet their food needs has declined in recent years because of erratic rainfall, flooding, recurrent droughts, worsening land degradation and soil infertility. Measures to increase the climate resilience and agricultural productivity of smallholder farmers are therefore crucial to enhance food security and nutrition in the country.The Smallholder Agriculture Development Project II (SADPII) in Lesotho has been supporting increased adoption of climate-smart agricultural (CSA) technologies, enhancing commercialization, and improving dietary diversity among targeted beneficiaries.
Objective:
The main objective of this assignment is to design and roll out a Weather Index Agriculture Insurance at micro level in Lesotho in collaboration with the Ministry of Agriculture through the Smallholder Agriculture Development Project, SADP II and the World Food Programme, (WFP).
Duties and Responsibilities
1)
Indices development
The firm, through strategic partnerships with any organisation(s), will be responsible for
a.
Designing the weather indices for drought that will be used for the agriculture micro insurance, focusing on open field cereals and legumes, and vegetables such as cabbage and others that are not irrigated. Then for livestock, specifically sheep and improved shoats for potential interested
farmers, not specifically to be implemented this phase 1 of implementation
b.
Developing an Online Data Kit (ODK) that will be used for data collection processes, as and when needed. The firm can also advise on the data collection tools of preference that are user friendly.
c.
Strengthening capacity for existing data collection tools to enhance accuracy of the data collected.
d.
Recommending input data that will be used for the indices based on field data and other secondary sources of data and providing options for index designs which meet the needs of the targeted farmers.
e.
Where possible, matching farmer experience of drought years by collecting data and input from local experts and stakeholder, including thorough climate analysis in the selected areas and districts.
f.
Ensuring that the weather index insurance product is available for the 2025/26 summer agriculture season.
g.
Advising the operational feasibility based on administrative boundaries, where appropriate.
h.
Collaborating with other partners who in the subsequent year, together can have the potential to develop a hybrid index insurance product, combining both Weather Index Insurance and Area Yield Index Insurance, if possible. This is important to enhance strategic partnership and collaboration.
Eligibility to be shortlisted as a WFP Supplier to participate in the tender will be based on meeting and submitting the below requirements:
Company registration with relevant company registrar.
Valid Licences for offering General (Non-Life) Insurance with Central Bank of Lesotho.
Tax clearance with Revenue Authorities of Lesotho.
Undertaking that the Company is not undergoing voluntary or compulsory liquidation.
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The Company has the required resources internally and existing partnership with reputable regional or international expert companies in parametric climate insurance.
Confirmation that the Company has offered coverage to risks of high magnitude.
Undertaking confirming that there are no Conflicts of Interest of the company or the directors. If conflicts of interest exist, these should be disclosed.
The Company has a Compliance Programme in place.
The company accepts to adhere to the Clients’ Terms and Conditions.
Have skills set or willing to learn the agribusiness value chain.
The Company has or willing to invest in the correct Equipment, Tools, and Software to complete the work
Detail Company profile
Company registration certificates – Legal Document
Tax Clearance/VAT Registration certificate
Confirmation letter from the bank endorsing your company banking details
Recommendation letters from three (3) of your major clients within the last 3 years
All supporting documents listed above MUST be submitted to the following email address: maseru.procurement@wfp.org not later than 26 March 2025 @2359hrs
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