MIGA Insures Investment in Scancom Ghana Ltd

The Multilateral Investment Guarantee Agency (MIGA), a member of the World Bank Group, announced today its decision to guarantee a $110 million equity investment into Scancom Ltd. of Ghana by Investcom Holding S.A. of Luxembourg. The guarantee—which covers the equity investment in the form of future retained earnings—will provide coverage for a period of up to 15 years against the risks of transfer restriction, expropriation, and war and civil disturbance.