The Ghanaian Parliament is expected to approve a $100 million insurance cover for rice farmers across the West African country, APA learns here Wednesday.On approval, the facility will provide insurance cover as “farm-risk insurance” for rice farmers, who operated previously without insurance, making them vulnerable to various risks associated with investing in the rice industry.

The President of the Ghana Rice Farmers Association, Nana Kwabena Aryeh II, has told the Goldstreet Business newspaper that currently rice farmers are not benefiting from the Ghana Agricultural Insurance Pool (GAIP), an initiative launched in the year 2011 to provide agricultural insurance to farmers.