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aef 2023 Kenya - zebrAS in national park with wind turbines


Global Partner
MIGA, a member of the World Bank Group, provides guarantees (insurance) against non-commercial risks for cross-border investments into developing countries. MIGA's guarantees protect investors against the risks of currency inconvertibility and transfer restriction, expropriation, war and civil disturbance, breach of contract, and non-honoring of financial obligations.

In fiscal year 2022, MIGA issued $4.9 billion in guarantees. Over the last 35 years, MIGA has issued $72.1 billion of guarantees in support of over 1,000 projects in 123 developing countries. MIGA has for many years been a leader in supporting foreign direct investment into Africa with a gross outstanding exposure of $6.9 billion as of February 28, 2023.
MIGA’s support to the energy sector in Africa amounts to $3.6 billion as of February 28, 2023, representing 52% of MIGA’s portfolio in Africa. MIGA currently supports 65 energy projects in 20 countries with projects ranging from utility-scale projects such as the Central Termica de Temane (Mozambique) and Kinguele Aval hydropower project (Gabon) and Zano and Ouagadougou Solar PV projects (Burkina Faso) to distributed energy projects such as Escotel (Liberia, Sierra Leone)
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