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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
    • Member Countries
    • Senior Management
      • 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
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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
waste water treatment
Project
Georgia
Tango Water Project
ESRS | Infrastructure | Sep 01, 2022

Environmental and Social Review Summary  Tango Water Project  Georgia Global Utilities  This Environmental and Social Review Summary (ESRS) is prepared by MIGA staff and disclosed prior to the date...

Read More
waste water treatment
Project
Georgia
Tango Water Project
SPG | Infrastructure | Sep 01, 2022

Project description   The Project consists of the acquisition by FCC Aqualia S.A., Spain (the “Guarantee Holder”) through Aqualia Georgia LLC (the “Intermediate Investor”) of the water utility business...

Read More
Banking
covid19
Georgia
ProCredit Mandatory Reserves Coverage
Project Brief | Banking | Mar 30, 2021

Project description On December 22, 2020, MIGA issued guarantees for €47.5 million to ProCredit Holding AG & Co. KGaA (ProCredit) of Germany covering its equity investments in its subsidiary ProCredit Bank...

Read More
Project
Georgia
ProCredit Group Central Bank Mandatory Reserves Coverage
Project Brief | Banking | Jul 03, 2016

On December 22, 2011, MIGA issued a guarantee of $13.5 million to cover an investment by ProCredit Holding AG & Co. KGaA in its subsidiary in Georgia.

Read More
Project
Georgia
Adjaristsqali Hydro Project
SPG | Power | Mar 30, 2016

This summary covers an equity investment by Hustadlitt A/S of Norway in the Adjaristsqali Hydro Project in Georgia. The investor has applied for a MIGA guarantee of up to $50 million for a period o

Read More
Georgia
Project
Georgia
Adjaristsqali Hydro Project
ESRS | Power | Apr 10, 2014

The Environmental and Social Review Summary prepared by the International Finance Corporation (IFC) for their investment in the project. ...

Read More
Georgia
Project
Georgia
Adjaristsqali Hydro Project
Project Brief | Power | Apr 09, 2014

On April 9, 2015, MIGA issued a guarantee of $63 million covering an equity investment by Tata Power International Pte. Ltd. of Singapore in the Adjaristsqali Hydro Project in Georgia. The coverage

Read More
Project
Georgia
GeoCapital, Georgia
Project Brief | Banking | Apr 18, 2013

On May 29, 2013, MIGA issued guarantees totaling $1.8 million covering equity investments and shareholder loans by two individual American investors in GeoCapital, Georgia. The coverage is for a per

Read More
Project
Georgia
ProCredit Group Central Bank Mandatory Reserves Coverage, Georgia
Project Brief | Banking | Oct 27, 2011

In December 2011, MIGA issued a guarantee of $13.5 million to ProCredit Holding (PCH) covering its investment in its subsidiary in Georgia. In fiscal year 2015, the contract was amended to pro

Read More
Project
Georgia
ProCredit Group Central Bank Mandatory Reserves Coverage
Project Brief | Banking | Oct 04, 2010

On December 22, 2010, MIGA issued a guarantee of $9 million to ProCredit Holding (PCH) covering its investment in its subsidiary in Georgia. The coverage is for a period of up to 10 years against the

Read More
Project
Georgia
International Commercial Black Sea Bank (Georgia) S.A.
Project Brief | Banking | Dec 31, 1996

MIGA issued its first guarantee in Georgia, for $3.4 million in coverage, to Commercial Bank of Greece, S.A. (CBG) for its $1.3 million equity investment in International Commercial Black Sea Bank-Geo

Read More
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