While worldwide demand for foodstuffs is high and investment needs are great, the fact remains that agricultural investments are risky business— especially in the developing world. MIGA guarantees are well-suited to mitigating the noncommercial risks of agribusiness investments, thereby lowering the cost of capital and helping secure financing.

There are significant and unique risks associated with investing in roads, shipping, ports, airports, and public transportation. Such projects typically involve huge upfront costs, take longer to complete, and are reliant on future cash flows to meet financial obligations and provide reasonable returns.

MIGA is planning to issue guarantees for investments into the pre-construction study phase of a high-grade, open-pit iron ore mine in Mount Nimba, southeastern Guinea, along with the development of a transportation route for the iron ore through neighboring Liberia.

In 2009, the Government of Cameroon awarded the Kribi Power Development Corporation (KPDC), a special purpose vehicle set up and owned by AES Corp. and the government, a 20-year public-private partnership (PPP) to design, build, finance, and operate the 216 MW Kribi natural gas-fired power plant and associated transmission line.

Globeleq Mesoamerica Energy Limited (GME Wind) is operating a 44 MW wind farm project through its wholly owned Nicaraguan subsidiary, Eolo de Nicaragua, S.A., under a public-private partnership contract with the Government of Nicaragua. The Eolo Wind Farm is located in the province of Rivas on the shores of Lake Nicaragua, about 123 kilo - meters south of the capital, Managua.

Abidjan’s bridges and infrastructure have been under severe strain following Côte d’Ivoire’s decade-long civil conflict, and the city’s acute traffic problems threatened to hinder recovery. The new Henri Konan Bedié toll bridge, which consists of two three-lane carriageways and cuts the journey time between two major districts of Abidjan from one hour to 15 minutes, was designed to put Abidjan back on the path to prosperity and ease citizens’ lives.