PIn force each year at the International Agriculture Show in Meknès (SIAM), MAMDA has a historic commitment to Moroccan farmers. Thus, and since 2011, the drought insurance proposed by the company has evolved into a multi -risk climatic formula integrating six hazards: drought, excess water, hail, violent wind, frost and extreme heat. This product is now backed by a real insurance contract, jointly managed by MAMDA, the Ministry of Agriculture and that of Finance.
The system is based on a logic of yield by agricultural zone – Favorable, moderately favorable and unfavorable – and triggers compensation as soon as a municipal return threshold is crossed. Result: the insured surface has increased from 68,000 hectares on average before 2011 to 1.2 million hectares at the end of 2023. Several billion dirhams have been reimbursed to farmers insured during the last five years. At the end of 2023 and over eleven years, the cumulation reached 4.5 billion dirhams.
For each hectare, the farmer paid on average 32 DH per year, for an average return of 420 DH. The results are clearly in favor of farmers. MAMDA has also equipped advanced tools to improve the quality of service: satellite imaging, NDVI indices, drones for expertise, geographic information systems … So many innovations that position it as a technological player in agricultural insurance.
Moreover, the Moroccan experience in terms of climate insurance is today a reference on the continent. The model is inspired by the best practices observed in Spain or Canada, and it is based on three solid pillars: a well-defined public-private framework, a strong state involvement and an operator with an expertise of over 60 years. To cope with the worsening of climatic risks, the MAMDA is focusing on the reduction of the sinistrality via the improvement of agricultural yields. This involves in particular the use of resilient seeds, the generalization of direct sowing and precision agriculture.
Initiatives such as the “1 million hectares” program or the development of agricultural aggregation are at the heart of this strategy. In the future, the transformation of the cereal sector will be based on the fight against land fragmentation and the generalization of successful aggregation models in other sectors such as sugar cultures. The CAP is set: reach a floor production of 50 million quintals per year, online with the kingdom’s food safety strategy.
Related news :