(Business in Cameroon) - Multilateral Investment Guarantee Agency (MIGA) Operations Director, Edith Quintrell, is scheduled to arrive in Cameroon on February 18, 2015. MIGA is a World Bank entity based in the United States that specialises in political risk insurance and credit rating improvement

In January 2014, the Cameroonian authorities held working sessions with Michel Wormser, the institution’s vice-president. Six months later, MIGA approved an 82 billion FCFA gurantee to Energy of Cameroon (Eneo), the public sector electricity provider which was acquired by the British fund, Actis.

MIGA also granted breach of contract risk insurance to Globeleq Africa, which manages the 216 MW Kribi gas plant and the 88 MW Dibamba fuel facility for a period of 20 years. This cost a total of 66 billion FCFA.