OKO is on a mission to assure income for those who feed the world.

OKO (http://www.oko.finance) uses technologies to create and distribute affordable crop insurance products in emerging markets to protect smallholder farmers against climate risks. We use satellite weather information to analyse risk of specific events (e.g. drought, flood, hurricane) and create a parametric insurance product that compensates farmers as soon as this event is detected. OKO also uses mobile technologies (SMS, USSD, Mobile Money) to offer these insurance products to un-banked populations.

OKO won several awards including the 2018 Orange Social Venture Prize, the 2020 Ecobank Fintech challenge (2nd place) and the 2023 Vivatech Africatech award (2nd place). OKO is backed by institutional, impact and strategic investors. This gives us the means to accelerate our growth and implement our strategy for the next 2 years.
As of July 2023, about 27,000 farmers have been insured by OKO in Mali, and another 3,000 across Uganda and Ivory Coast