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

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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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World Bank building

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

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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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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.

Tanzania

Wilken Afsat (Tanzania) Limited

$0.43 million
Telecommunications
Project Brief
Not Active
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MIGA issued two guarantee contracts totaling $430,379 covering the Wilken Group of the United Kingdom for its equity and shareholder loan to Wilken Afsat (Tanzania) Limited (WAL) to establish a satellite communications link to transmit data to and from overseas locations. WAL is approximately two-thirds owned by Afsat Communications Limited, an affiliate of the Wilken Group, and a local consulting and marketing firm wholly owned by Tanzanian nationals. MIGA will cover the Wilken Group against the risks of currency transfer, expropriation, and war and civil disturbance.

The satellite system will help meet a high and unfulfilled demand for data communications services. The project will use VSAT (very small aperture terminal) technology licensed from a U.S. company. VSAT provides alternative, high-quality digital data links to locations where telephone services are not available or where existing telephone circuits are expensive, congested, or unreliable. Data will be transmitted to and from local users, as well as users in Uganda, through a hub to be installed in Kampala. Users will receive training, maintenance, and operational support.

This project is expected to have an important impact on Tanzania's economy by facilitating access to data communications for several thousand users, including local and foreign individuals, businesses, and public entities.

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