On 26th March 2018, the African Institute for Mathematical Sciences (AIMS) and the African Risk signed a five-year Memorandum of Understanding to foster innovation across Africa, develop African solutions to African problems, providing opportunities for AIMS students, alumni and researchers to work on projects that help African countries better respond to natural disasters and climate change.
“We are happy to add African Risk Capacity to our important industry partners. AIMS is interested in contributing to ARC’s mission to provide a comprehensive, integrated solution to tackling the impact of natural disasters on vulnerable populations through financial solutions. We believe this work requires a specific set of skills that AIMS students, alumni and researchers can offer,” said Thierry Zomahoun, President and CEO of AIMS.
AIMS and ARC will collaborate by innovating research and development tools that monitor and trigger financing to respond to natural hazard risks, streamlining approaches to strengthening disaster risk management on the continent and increasing scalability and sustainability of ARC operations and insurance coverage.
“Cutting edge science based solutions are the means for Africa to leapfrog in accelerating its economic and social development. The African Institute for mathematical Sciences and the African Risk Capacity Agency have, in that context, decided to collaborate in the development of the knowledge and manpower to strengthen disaster risk management on the continent through climate modeling. “ Mr. Mohamed BEAVOGUI Director General, African Risk Capacity.
This partnership is in line with AIMS plan to implement a research-informed Pan-African Skills Demand-Supply Strategy, based on partnerships and collaborations with industry, academia, research institutions and governments to facilitate transition and integration into the workforce for Africa’s young people.
Learn more about AIMS Industry Initiative