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Press Release

Keiko Honda, MIGA’s Executive Vice President & CEO, Visits Côte d’Ivoire for High-Level Talks

Keiko Honda, MIGA’s Executive Vice President & CEO, Visits Côte d’Ivoire for High-Level Talks
View this press release in French.

 

Abidjan, Côte d'Ivoire, February 15, 2016 – Keiko Honda, Executive Vice President and CEO of the Multilateral Investment Guarantee Agency (MIGA)—the political risk insurance arm of the World Bank Group—is traveling to Côte d'Ivoire this week. She will meet with Prime Minister Duncan and attend a joint meeting of all government ministers.

 

Honda will also meet with the President of the African Development Bank, Akinwumi Adesina, and participate in the first summit of the Abidjan Union—a gathering of guarantee and insurance providers supporting trade and investment in Africa.

On the last day of her trip, Honda will visit two MIGA-insured projects: the Henri Konan Bedie bridge and the Foxtrot offshore oil and gas platform.

MIGA's investment guarantees have mobilized more than $2 billion in investment in Côte d'Ivoire in the past five years, supporting vital infrastructure as the country emerged from more than a decade of civil conflict that deeply impacted the economy. The agency's gross exposure in Côte d'Ivoire is $828 million, the third largest in MIGA's portfolio.

"MIGA takes great pride in our partnership with the Ivorian government," said Honda. "I look forward to seeing the country's impressive progress with my own eyes and learning how we can further help the country meet its development goals."

She added, "I'm also very pleased to visit the African Development Bank back at its original headquarters. Our deepening collaboration will mobilize more capital into the region at this critical moment—to sustain recent gains and push for more."

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