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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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  • Home
  • About
    World Bank building
    About

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

    Learn More
    • History
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      • Learn more
      • LEARN MORE
    • Board of Directors
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    • MIGA in Japan
  • What We Do
    Young woman bending down to tending to her outside chores
    What We Do

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

    Learn More
    • Our Products
      • Currency Inconvertibility and Transfer Restriction
      • Expropriation
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    Projects

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

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  • Our Impact

    Our Impact Dropdown Description

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    Our Impact

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

    Learn More
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    • Middle East and North Africa
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    • Working with Investors
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About Dropdown Description

World Bank building
About

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

Learn More

Our Impact Dropdown Description

Hands husking peas into a basket full of peas
Our Impact

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

Learn More

Our Products Dropdown Description

Young woman bending down to tending to her outside chores
What We Do

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

Learn More

Projects Dropdown Descriptions

Hyundai building
Projects

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

Search Projects

Projects

MIGA guarantees protect investments against non-commercial risks and can help investors obtain access to funding sources with improved financial terms and conditions. We believe transparency and accountability are fundamental to fulfilling our development mandate and to strengthening public trust. Learn more about the projects we support below. Visit Access to Information to submit a request for disclosure of information.

  • Financial service
    Project
    Featured Project | Colombia
    Findeter
    Financial Services | Jun 29, 2022 | Active

    Project Description The Multilateral Investment Guarantee Agency (“MIGA”) a member of the World Bank Group (WBG), issued on September 09, 2022, a Non-Honoring of Financial Obligations by a State-Owned Enterprise...

    Read More
  • Financial service
    Project
    Featured Project | Argentina
    Santander Central Bank Mandatory Reserves Coverage
    Financial Services | Jun 28, 2022 | Active

    Project Description On June 30, 2022 MIGA issued guarantees of up to US$200 million to Banco Santander, S.A. of Spain (Santander) for a period of 1 year covering the risk of expropriation of Banco Santander Argentina...

    Read More
  • Mobile Money
    Project
    Featured Project | Multiple Countries
    Airtel Mobile Commerce
    Financial Services | Jun 06, 2022 | Active

    Project Description On June 30, 2022, MIGA issued 12 guarantees totaling US$180 million for a period of up to 5 years to The Rise Fund II Aurora, S.à r.l (The Rise Fund), a TPG private equity fund focused on impact...

    Read More
  • Power
    Project
    Featured Project | Türkiye
    Ulug Enerji
    Power | Dec 07, 2021 | Active

    Project Description  On March 4, 2022, The Multilateral Investment Guarantee Agency (“MIGA”) a member of the World Bank Group, issued guarantees to Uludag Power Networks UK Limited (Holdco), a holding company...

    Read More
  • Bahamas
    covid19
    Featured Project | Bahamas, The
    The Bahamas COVID-19 Response
    Multiple Sectors | Mar 22, 2021 | Active

    On April 28, 2021 MIGA signed a contract of guarantee for US$ 128.15 million, effective, April 28, 2021, with Banco Santander SA of Spain, for NHSFO coverage of its non-shareholder loan to the Ministry of Finance of the...

    Read More
  • Solar Panel Home System
    Project
    Featured Project | Multiple Countries
    BBOXX Rwanda, Kenya, and DRC
    Multiple Sectors | Feb 12, 2021 | Active

    Project Description On October 30, 2020, February 8, 2021 and February 12, 2021, MIGA issued guarantees totaling US$43.1 million to cover (i) equity and quasi-equity/shareholder loan investments by AIIF 3 Clean Energy...

    Read More
  • Financial Market
    covid19
    Featured Project | Paraguay
    Banco Nacional de Fomento de Paraguay
    Financial Markets | Dec 30, 2020 | Active

    Project Summary On December 30, 2020, The Multilateral Investment Guarantee Agency (MIGA), a member of the World Bank Group, issued a guarantee of up to 7.5 years to Citibank N.A., from the United States and Commerzbank...

    Read More
  • Mobile Telecommunications Towers
    Project
    Featured Project | Multiple Countries
    Escotel Africa
    Renewable Energy | Dec 07, 2020 | Active

    Project Summary On December 7, 2020, The Multilateral Investment Guarantee Agency (MIGA), a member of the World Bank Group, has issued guarantees of up to US$25.6 million to Escotel Mauritius covering its investments...

    Read More
  • Waste
    Project
    Featured Project | Serbia
    Serbia Waste-to-Energy
    Services | Oct 01, 2019 | Active

    Project Description On October 1, 2019, MIGA issued guarantees of €97.16 million to cover equity investments by Suez Groupe of France (Suez), Luxembourg-based Marguerite Waste Serbia S.à r.l. (“Marguerite”),...

    Read More
  • Financial service
    Project
    Colombia
    Findeter
    Project Brief | Financial Services | Sep 22, 2022

    Project Description The Multilateral Investment Guarantee Agency (“MIGA”) a member of the World Bank Group (WBG), issued on September 09, 2022, a Non-Honoring of Financial Obligations by a State-Owned Enterprise...

    Read More
  • Financial service
    Project
    Argentina
    Santander Central Bank Mandatory Reserves Coverage
    Project Brief | Financial Services | Jul 07, 2022

    Project Description On June 30, 2022 MIGA issued guarantees of up to US$200 million to Banco Santander, S.A. of Spain (Santander) for a period of 1 year covering the risk of expropriation of Banco Santander Argentina...

    Read More
  • Mobile Money
    Project
    Multiple Countries
    Airtel Mobile Commerce
    Project Brief | Financial Services | Aug 02, 2022

    Project Description On June 30, 2022, MIGA issued 12 guarantees totaling US$180 million for a period of up to 5 years to The Rise Fund II Aurora, S.à r.l (The Rise Fund), a TPG private equity fund focused on impact...

    Read More
  • Power
    Project
    Türkiye
    Ulug Enerji
    Project Brief | Power | May 05, 2022

    Project Description  On March 4, 2022, The Multilateral Investment Guarantee Agency (“MIGA”) a member of the World Bank Group, issued guarantees to Uludag Power Networks UK Limited (Holdco), a holding company...

    Read More
  • Bahamas
    covid19
    Bahamas, The
    The Bahamas COVID-19 Response
    Project Brief | Multiple Sectors | Sep 15, 2021

    On April 28, 2021 MIGA signed a contract of guarantee for US$ 128.15 million, effective, April 28, 2021, with Banco Santander SA of Spain, for NHSFO coverage of its non-shareholder loan to the Ministry of Finance of the...

    Read More
  • Solar Panel Home System
    Project
    Multiple Countries
    BBOXX Rwanda, Kenya, and DRC
    Project Brief | Multiple Sectors | Mar 18, 2021

    Project Description On October 30, 2020, February 8, 2021 and February 12, 2021, MIGA issued guarantees totaling US$43.1 million to cover (i) equity and quasi-equity/shareholder loan investments by AIIF 3 Clean Energy...

    Read More
  • Financial Market
    covid19
    Paraguay
    Banco Nacional de Fomento de Paraguay
    Project Brief | Financial Markets | Feb 16, 2021

    Project Summary On December 30, 2020, The Multilateral Investment Guarantee Agency (MIGA), a member of the World Bank Group, issued a guarantee of up to 7.5 years to Citibank N.A., from the United States and Commerzbank...

    Read More
  • Mobile Telecommunications Towers
    Project
    Multiple Countries
    Escotel Africa
    Project Brief | Renewable Energy | Jan 12, 2021

    Project Summary On December 7, 2020, The Multilateral Investment Guarantee Agency (MIGA), a member of the World Bank Group, has issued guarantees of up to US$25.6 million to Escotel Mauritius covering its investments...

    Read More
  • Waste
    Project
    Serbia
    Serbia Waste-to-Energy
    Project Brief | Services | Sep 22, 2020

    Project Description On October 1, 2019, MIGA issued guarantees of €97.16 million to cover equity investments by Suez Groupe of France (Suez), Luxembourg-based Marguerite Waste Serbia S.à r.l. (“Marguerite”),...

    Read More
Refine Your Results
Project Status
Environmental Category
Document Type
Financial service
covid19
Peru
Fondo Mivivienda Green Mortgages
Project Brief | Financial Services | Aug 10, 2022

Project Description On June 27, 2022, the Multilateral Investment Guarantee Agency (MIGA), a member of the World Bank Group, issued guarantees of up to US$350.9 million to J.P. Morgan Chase & Co. of the United States...

Read More
Banking
covid19
Montenegro
NLB Group Voluntary Cash Reserves Coverage
Project Brief | Banking | Feb 28, 2022

Project description On December 17, 2021, The Multilateral Investment Guarantee Agency (MIGA), a member of the World Bank Group, signed a contract issuing guarantee totaling EUR 29.0 million (approximately...

Read More
Banking
covid19
Kosovo
NLB Group Voluntary Cash Reserves Coverage
Project Brief | Banking | Feb 28, 2022

Project description On December 17, 2021, The Multilateral Investment Guarantee Agency (MIGA), a member of the World Bank Group signed a contract issuing guarantee totaling EUR 12.0 million (approximately US$ 14.1 million)...

Read More
Financial sector
covid19
Colombia
Bogota COVID-19 Pillar 1
Project Brief | Financial Services | Dec 07, 2021

Project Description: On November 22, 2021, The Multilateral Investment Guarantee Agency (MIGA), a member of the World Bank Group, issued a guarantee for COP 1.37 trillion (~US$350 million) to Banco Bilbao Vizcaya Argentaria,...

Read More
Bahamas
covid19
Bahamas, The
The Bahamas COVID-19 Response
Project Brief | Multiple Sectors | Sep 15, 2021

On April 28, 2021 MIGA signed a contract of guarantee for US$ 128.15 million, effective, April 28, 2021, with Banco Santander SA of Spain, for NHSFO coverage of its non-shareholder loan to the Ministry of Finance of the...

Read More
Bahamas
covid19
Bahamas, The
The Bahamas COVID-19 Response
Project Brief | Financial Services | Sep 15, 2021

Project Description On April 28, 2021 MIGA signed a contract of guarantee for US$ 128.15 million, effective, April 28, 2021, with Banco Santander SA of Spain, for NHSFO coverage of its non-shareholder loan to the Ministry...

Read More
Financial Market
covid19
Colombia
Bogota COVID-19 Pillar 1
ESRS | Financial Services | May 19, 2021

Environmental and Social Review Summary Bogota COVID-19 Pillar 1 This Environmental and Social Review Summary (ESRS) is prepared by MIGA staff and disclosed prior to the date on which MIGA’s Board of Directors...

Read More
Banking
covid19
Serbia
Mandatory Reserves – Komercijalna banka a.d. Beograd
SPG | Banking | May 14, 2021

Project description This summary describes equity investments (including retained earnings) by Nova Ljubljanska banka d.d., Ljubljana (NLB) for the banking operations in Serbia of its recently acquired subsidiary Komercijalna...

Read More
Banking
covid19
Serbia
RBI Central Bank Mandatory Reserves Coverage
Project Brief | Banking | Apr 05, 2021

Project Description On March 31, 2021, MIGA issued a guarantee of up to EUR261.0 million covering equity investments by Raiffeisen Bank International AG (RBI) in its subsidiary in Serbia, Raiffeisen Banka a.d., Beograd...

Read More
Banking
covid19
Kosovo
RBI Central Bank Mandatory Reserves Coverage
Project Brief | Banking | Apr 05, 2021

Project Description On March 31, 2021, MIGA issued a guarantee of up to EUR70.0 million covering equity investments by Raiffeisen Bank International AG (RBI) in its subsidiary in Kosovo, Raiffeisen Bank Kosovo J.S.C....

Read More
Banking
covid19
Bosnia and Herzegovina
RBI Central Bank Mandatory Reserves Coverage
Project Brief | Banking | Apr 05, 2021

Project Description On March 31, 2021, MIGA issued a guarantee of up to EUR115.0 million covering equity investments by Raiffeisen Bank International AG (RBI) in its subsidiary in Bosnia and Herzegovina, Raiffeisen...

Read More
Banking
covid19
Belarus
RBI Central Bank Mandatory Reserves Coverage
Project Brief | Banking | Apr 05, 2021

Project Description On March 31, 2021, MIGA issued a guarantee of up to EUR104.5 million covering equity investments by Raiffeisen Bank International AG (RBI) in its subsidiary in Belarus, Priorbank JSC (RBI Belarus)...

Read More

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