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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.

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.

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Hyundai building

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

Video

A Special Treat: Delivering Smiles and Going Green amid COVID-19

Small businesses in North Macedonia struggled to make ends meet during the COVID-19 pandemic lockdowns. As the country opened, companies looked to green their business operations and relied on banks, like ProCredit Bank, for financial support.

In February 2021, MIGA issued $267.5 million in guarantees to ProCredit Bank to expand its green finance capabilities across its subsidiaries in 8 countries in Eastern Europe, including North Macedonia.

“Specijal”, an artisanal bakery in Skopje, had to cut production since the demand for its bread and pastries declined due to the pandemic. But, with ProCredit Bank’s support, it not only managed to weather the crisis, but also adopted solar energy to power its facilities, reduce electricity expenses, and cut greenhouse gas emissions.