Questions about what advice MIGA provided to the Ethiopian government in its role as mediator in a $6m suit filed against the country by the Swiss multinational.
As part of the World Bank Group, the Multilateral Investment Guarantee Agency (MIGA), a publicly funded, political-risk insurance provider, is supposed to share the Bank’s overarching goal of poverty alleviation and environmentally sustainable development.
In February the World Bank’s Board will consider a new Private Sector Development Strategy.
In late November the Tanzanian authorities took action against an organisation which has been investigating the death and dispersal of artisanal miners at a project backed by the World Bank Group.
Tanzanian authorities have arrested Rugemeleza Nshala, President of the Lawyers Environmental Action Team (LEAT), and raided the house of another LEAT lawyer, Tundu Lissu in connection with their investigations into abuses and irregularities at the World Bank-backed Bulyanhulu gold mine.
The Multilateral Investment Guarantee Agency (MIGA) has issued a 13-page response to the report Risky Business published by Friends of the Earth and other NGOs this summer.
An NGO report has called for the World Bank Group arm which insures private investments to be shut down.
NGOs in Kyrgyzstan have raised serious concerns about plans for an urban waste incinerator to be built by Italian company ITI.
It has been a bad summer for the World Bank Group arm which insures private investments.
The Multilateral Investment Guarantee Agency (MIGA), a private sector arm of the World Bank Group announced that it is collaborating with the European Union to provide a $23.
The World Bank Board recently agreed that the Bank can extend its partial credit guarantee instrument to cover structural and social policy reforms.
The World Bank Group has appointed the first IFC/MIGA Compliance Advisor/Ombudsperson.