Semantic Coherence: Multilateral Investment Guarantee Agency (MIGA) – Signal Evidence & AI Readability

[IMG: Africa digital cyber technology map background. Digital map network or global communication business concept.]

[H1] World Bank Group to Double Guarantees for Africa to Catalyze Investment, Create Jobs

New commitment will bring annual guarantee issuance on the continent to $6.4 billion

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[IMG: A person wearing a patterned headscarf and colorful clothing pours coffee cherries and water through a cloth filter over a basin, while several others stand nearby in an outdoor market setting with sacks and tables in the background.]

Brewing Growth in Burundi’s Coffee Sector
Video

[IMG: Blog]

The Infrastructure Question No One Is Asking: Can It Be Insured?
Blog

[IMG: Story]

Why do guarantees matter?
Blog

GIVING INVESTORS

THE CONFIDENCE TO COMMIT

The World Bank Group Guarantee Platform helps public and private investors operate with peace of mind in developing markets.By centralizing all World Bank Group guarantee products at MIGA, we make it easy to find the right solutions for your project.

About Us

[IMG: Five officials seated at a table beneath a sign for the Asian Development Bank’s 59th Annual Meeting in Samarkand, held 3–6 May 2026.]

Press Release
MIGA Renews Cooperation with Asian Development Bank to Boost Investment and Jobs in Asia and the Pacific

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News
Junaid Ahmad speaks with CNBC Africa on the World Bank Group Guarantee Platform’s aim to double annual guarantee issuance in Africa

[IMG: A Map of Africa]

Events
Info Session: Africa Sustainable Futures Awards 2026

[H2] Miga's Impact in numbers
See ScorecardTracking our projects and results is essential to our work to ensure transparency, accoutability, and impact that changes lives.PEOPLE
[H3] 21.2 Million
Provided with access to electricityINVESTMENT
[H3] $38.3 billion
Private Capital Mobilized (expected)PEOPLE
[H3] 3.4 Million
With Strengthened Food Security

[IMG: Financial Market]

[H3] Al Ahli Bank of Kuwait Egypt - Capital Optimization

Egypt, Arab Republic of

Financial Markets

Active

On December 23, 2025, MIGA issued a guarantee of USD 300.0 million to Al Ahli Bank of Kuwait K.S.C.P (ABK or the Group) domiciled in Kuwait, for a period of up to 3 years covering the risk of expropriation of

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[IMG: Infrastructure]

[H3] Almaty Railway Bypass Project

Kazakhstan

Infrastructure

Active

The Government of Kazakhstan developed a Concept for the development of Transport and Logistics Potential in the country until 2030 with the objective of turning Kazakhstan into a large transit and logistics hub in Central Asia. Under this transport concept,

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[IMG: Financial Services]

[H3] Sustainability Linked Loan project

Côte d'Ivoire

Financial Services

Active

On September 2, 2025, MIGA provided a Non-Honoring of Sovereign Financial Obligation (NHFO-SFO) guarantee to Standard Chartered Bank (Hong Kong) Limited in the amount of EUR372.9 million.

Learn More

Stay Connected
[IMG: Linkedin Logo]
[IMG: Whatsapp Logo]
[IMG: Twitter Logo]
Subscribe to our monthly newsletterContactsYou can find World Bank Group Guarantee Platform representatives at our headquarters in Washington, DC, and in over 15 cities around the world.wbgguarantees [at] worldbank.org (wbgguarantees[at]worldbank[dot]org) View all contacts

[H1] Invest with confidence
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Who

We Are

As part of the World Bank Group, the Multilateral Investment Guarantee Agency (MIGA) promotes investment in developing countries by reducing risk and fostering confidence among investors and lenders.

MIGA’s position within the World Bank Group ensures access to extensive global expertise and longstanding relationships with governments worldwide.Since 2024, MIGA has been the home of the World Bank Group Guarantee Platform, which brings guarantee products and experts under one roof.

[IMG: who we are]

[IMG: How We Deliver Impact]

How We

Deliver Impact

When investors consider developing markets, they see opportunity, but also significant risk.

Our comprehensive suite of guarantees protect public and private investments against non-commercial risks.

By mitigating these risks, we unlock capital for investments that create jobs, strengthen infrastructure, and drive sustainable growth.

simplifying access: one platform for all guaranteesThe Guarantee Platform, housed at MIGA, provides a single, easy access point to the full suite of World Bank Group guarantees. This streamlined platform makes it easier for clients to find the right solutions for their projects.Our Solutions

WHERE WE

INVEST

MIGA unites 154 developing and 28 industrialized countries around the world, offering global reach and trusted access to emerging markets.

[IMG: Asia and the Pacific]

Asia and the Pacific

[IMG: Europe and Central Asia]

Europe and Central Asia

[IMG: Latin America and the Caribbean]

Latin America and the Caribbean

[IMG: Middle East and North Africa]

Middle East and North Africa

[IMG: Sub-Saharan Africa]

Sub-Saharan Africa

THE RESULT?

REAL LIVES CHANGED

View All Annual Reports

[IMG: 2025 Annual Report]

[H5] 2025 Annual Report

Our fiscal year 2025 at a glance, with job creation at the core.

Read Full Report

[IMG: 2025 Annual Report: MIGA Appendix]

[H5] 2025 Annual Report: MIGA Appendix

The Multilateral Investment Guarantee Agency (MIGA) provides guarantees against non-commercial risks to facilitate the flow of foreign investment in developing countries and lift people out of poverty.

Read Full Report

How We got here

35+ Years of Progress

Over nearly four decades, MIGA has expanded from political risk insurance to a full guarantee platform.

Explore our History

[IMG: our history]

On April 12, 1988 an international convention established MIGA as the newest member of the World Bank Group. It took 40 years to bring the idea of a multilateral political risk insurance provider to fruition.

MIGA's leadership represents our member and guide the programs and activites of the organization.

[IMG: Tsutomu Yamamoto]

Tsutomu
Yamamoto

Managing Director

[IMG: Junaid]

Junaid
Kamal Ahmad

Vice President, Operations

[IMG: Ed]

Ed
Mountfield

Vice President and Chief Financial Officer

[IMG: Ariane]

Ariane
Di Iorio

Director for Financial Institutions Group

[IMG: Muhamet Fall 2022]

Muhamet
Fall

Director for Industries

[IMG: Deepti]

Deepti
Jerath

Director, Finance and Risk

[IMG: Tsutomu Yamamoto]

Tsutomu
Yamamoto

Managing Director

[IMG: Junaid]

Junaid
Kamal Ahmad

Vice President, Operations

[IMG: Ed]

Ed
Mountfield

Vice President and Chief Financial Officer

[IMG: Ariane]

Ariane
Di Iorio

Director for Financial Institutions Group

[IMG: Muhamet Fall 2022]

Muhamet
Fall

Director for Industries

[IMG: Deepti]

Deepti
Jerath

Director, Finance and Risk

[IMG: Tsutomu Yamamoto]

Tsutomu
Yamamoto

Managing Director

[IMG: Junaid]

Junaid
Kamal Ahmad

Vice President, Operations

[IMG: Ed]

Ed
Mountfield

Vice President and Chief Financial Officer

[IMG: Ariane]

Ariane
Di Iorio

Director for Financial Institutions Group

[IMG: Muhamet Fall 2022]

Muhamet
Fall

Director for Industries

[IMG: Deepti]

Deepti
Jerath

Director, Finance and Risk

MIGA's leadership represents our member and guide the programs and activites of the organization.

MIGA's leadership represents our member and guide the programs and activites of the organization.

MIGA's leadership represents our member and guide the programs and activites of the organization.

MIGA's leadership represents our member and guide the programs and activites of the organization.

MIGA's leadership represents our member and guide the programs and activites of the organization.

Stay Connected
[IMG: Linkedin Logo]
[IMG: Whatsapp Logo]
[IMG: Twitter Logo]
Subscribe to our monthly newsletterContactsYou can find World Bank Group Guarantee Platform representatives at our headquarters in Washington, DC, and in over 15 cities around the world.wbgguarantees [at] worldbank.org (wbgguarantees[at]worldbank[dot]org) View all contacts

[H1] safeguard your investment
Our Solutions

[H1] Our Solutions

[IMG: Our Solutions]

Empowering sustainable investments with expert solutions beyond guaranteesThe World Bank Group’s comprehensive guarantee portfolio, housed at MIGA, transforms uncertainties into calculated opportunities. Combine guarantees to tailor the right coverage for your project.

[H2] WORLD BANK GROUP GUARANTEES

[IMG: Political Risk Guarantees]
Political Risk GuaranteesPolitical Risk Guarantees protect investments against losses caused by government actions or political events.

[IMG: Credit Guarantees]
Credit GuaranteesCredit risk guarantees protect lenders from losses if borrowers default on loans or bonds.

[IMG: Trade Finance]
Trade Finance GuaranteesTrade Finance Guarantees support cross-border trade.

[H3]
Related services
with our partners

[IMG: Small Investment Program]

[H4] Small Investment Program
To support small and medium-sized investments in finance, agribusiness, manufacturing, and services.

[IMG: Private Equity Fund Insurance]

[H4] Private Equity Fund Insurance
Private equity funds can mitigate emerging market risks with MIGA guarantees, helping attract institutional investors through upfront pricing and reserved coverage.

[IMG: Dispute Resolution]

[H4] Dispute Resolution
MIGA boosts investor confidence by deterring harmful government actions and resolving disputes early to prevent investment losses.

[IMG: Reinsurance]

[H4] Reinsurance
MIGA has successfully used reinsurance to leverage its investment guarantee capacity

[H3]
Related services
with our partners

[IMG: Small Investment Program]

[H4] Small Investment Program
To support small and medium-sized investments in finance, agribusiness, manufacturing, and services.

[IMG: Private Equity Fund Insurance]

[H4] Private Equity Fund Insurance
Private equity funds can mitigate emerging market risks with MIGA guarantees, helping attract institutional investors through upfront pricing and reserved coverage.

[IMG: Dispute Resolution]

[H4] Dispute Resolution
MIGA boosts investor confidence by deterring harmful government actions and resolving disputes early to prevent investment losses.

[IMG: Reinsurance]

[H4] Reinsurance
MIGA has successfully used reinsurance to leverage its investment guarantee capacity

[H3]
Related services
with our partners

[IMG: Small Investment Program]

[H4] Small Investment Program
To support small and medium-sized investments in finance, agribusiness, manufacturing, and services.

[IMG: Private Equity Fund Insurance]

[H4] Private Equity Fund Insurance
Private equity funds can mitigate emerging market risks with MIGA guarantees, helping attract institutional investors through upfront pricing and reserved coverage.

[IMG: Dispute Resolution]

[H4] Dispute Resolution
MIGA boosts investor confidence by deterring harmful government actions and resolving disputes early to prevent investment losses.

[IMG: Reinsurance]

[H4] Reinsurance
MIGA has successfully used reinsurance to leverage its investment guarantee capacity

How It Works

[IMG: How it works]

[H5] Check Eligibility

Make sure your investment meets MIGA’s eligibility criteria.

[H5] Preliminary Application

Complete the free, online Preliminary Application. It is confidential and only takes a few minutes to complete.

[H5] Consultation

A MIGA underwriter will review your application to assess potential eligibility for coverage. If eligible, they will reach out to discuss your project and MIGA coverage.

[H5] Definitive Application

Submit the Definitive Application and supporting documents. A refundable application fee and non-refundable processing fee is required.

[H5] Project Assessment

MIGA conducts a preliminary assessment of your project to give project feedback and requirements for coverage.

[H5] Underwriting Process and Approvals

Our underwriters complete their analysis. This process typically takes four to six months or less.MIGA’s Board of Directors and the host country must approve the project.

[H5] Signature

The guarantee contracts are ready to be signed.

VIew Our Detailed Process

Stay Connected
[IMG: Linkedin Logo]
[IMG: Whatsapp Logo]
[IMG: Twitter Logo]
Subscribe to our monthly newsletterContactsYou can find World Bank Group Guarantee Platform representatives at our headquarters in Washington, DC, and in over 15 cities around the world.wbgguarantees [at] worldbank.org (wbgguarantees[at]worldbank[dot]org) View all contacts

[H1] Invest with confidence
Get Coverage