MIGA—Multilateral Investment Guarantee AgencyCreated in 1988 MIGA aims to encourage foreign direct investment by providing guarantees, known as political risk insurance, to foreign investors against loss caused by non-commercial risks in developing countries. MIGA, which is part of the World Bank Group, also provides technical assistance such as capacity building and advisory services to help countries attract foreign investment. In addition MIGA provides dispute mediation services to reduce future obstacles to investment. Since its creation MIGA has issued nearly $14.7 billion in guarantees for projects in 91 countries. 42 per cent of its activity is concentrated within areas considered to be high-risk and low-income, many of which are in Africa. MIGA's current vice president is Yukiko Omura. read more... Items found:0No matching items were found |
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