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MIGA’s goal is to promote foreign direct investment into developing countries to support economic growth and more.

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Explore different types of political risk insurance guarantees provided to investors and lenders.

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Explore global projects that support economic growth, reduce poverty and improves people’s lives.

Hands husking peas into a basket full of peas

Learn about the progress MIGA is making in its mission to support economic growth, reduce poverty and improve people’s lives.

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About Dropdown Description

World Bank building

MIGA’s goal is to promote foreign direct investment into developing countries to support economic growth and more.

Our Impact Dropdown Description

Hands husking peas into a basket full of peas

Learn about the progress MIGA is making in its mission to support economic growth, reduce poverty and improve people’s lives.

Our Products Dropdown Description

Young woman bending down to tending to her outside chores

Explore different types of political risk insurance guarantees provided to investors and lenders.

Projects Dropdown Descriptions

Hyundai building

Explore global projects that support economic growth, reduce poverty and improves people’s lives.

Angola

Fabrica de Lixivia Corasol, Ltda

$2.3 million
Manufacturing
Project Brief
Not Active
twitteremail

MIGA issued $2.3 million in coverage to two investors, from Portugal and Finland, for their investments in the construction of a soap factory in Viana, near Luanda. The guarantees provide coverage against the risks of transfer restriction, expropriation, and war and civil disturbance.

The new soap factory will diversify the product line of the existing project enterprise, which manufactures liquid detergents and scouring powder. The new range of soaps will reduce Angola's dependence on imports of these products. The developmental impacts of the project include upstream and downstream benefits such as local procurement of plastic bottles, wrapping, cardboard boxes, and local transport services.

twitteremail