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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.

Young woman bending down to tending to her outside chores

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

Hyundai building

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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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.

Video

Helping Hotels in Senegal Stay Afloat amid COVID-19

The COVID-19 pandemic triggered a crisis in Senegal’s tourism industry. Novotel Dakar and Ibis Dakar had to quickly adjust to the new reality. Their staff and management worked hard to reinvent themselves and tried to diversify their products by targeting local clients, offering promotional rates, especially weekend deals, and providing themed brunches in restaurants and outdoor entertainment next to pools and on terraces. Despite these efforts, the hotels were still met with major challenges, and they needed support.

Kasada Capital Management stepped in with its investments guaranteed by MIGA, and financed a large portion of the work to refurbish rooms, common areas, and facilities in these hotels, so they were able to reopen and welcome guests again.