Multilateral Investment Guarantee Agency

Published purpose

This project aims to facilitate foreign investment in fragile and conflict-affected countries to help support economic growth, reduce poverty, and improve people's lives. The project supports foreign investment by helping private sector firms to access insurance to better manage the risks associated with doing business in fragile and conflict-affected countries. By supporting foreign investment, the project helps to create jobs, stimulate new business activities, and improve access to infrastructure services, such as power, clean water and transportation. The Conflict-Affected and Fragile Economies Facility supports a range of investments in sectors such as agribusiness, finance, manufacturing and infrastructure, based on demand. The Facility aims to support up to twenty-five projects over the first five years of operation. The Facility is part of a broader effort of the World Bank Group to help fragile and conflict-affected countries progress towards greater stability and sustainable economic growth.