MIGA has a longstanding and deep relationship with firms in the United Kingdom, which currently account for the Agency’s largest guarantee exposure among investor countries.
MIGA is currently guaranteeing more than 45 projects financed fully or partly by U.K. investors, mainly in the sectors of infrastructure and power, amounting to over $7.8 billion in political risk insurance and credit enhancement. Newly signed projects include, Central Electrica de Tetereane in Mozambique, CrossBoundary Energy in Nigeria, and Aqaba Desalination Plant in Jordan.
In recent years, two U.K. entrepreneurs and business partners of MIGA were recognized by the Agency for their contributions to furthering women’s advancement and gender equality. Lucy Heintz, Head of Energy Infrastructure at UK-based Actis, was the recipient of the MIGA Gender Leadership Award in 2022. Helen Tarnoy, former Managing Director of Aldwych International, a leading UK power company operating in Africa, received the Award in 2017.