World Bank Risk Insurance Financing Hits $1.4B


's political risk insurance arm, the Multilateral Investment Guarantee Agency, has disbursed $1.4 billion in guarantees for 26 projects in developing countries during the previous fiscal year. The sum supported crisis-hit nations in Europe and Central Asia, Africa and Latin America, as well as projects of small and medium-sized enterprises in sub-Saharan Africa.

About the author

  • Ma. Rizza Leonzon

    As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.