Press Release – MIGA Supports Ground-Breaking Solar Project in Somalia


MIGA’s first project in Somalia shows that renewable energy investment can be achieved in challenging environments.

The Multilateral Investment Guarantee Agency (MIGA) of the World Bank Group has issued a guarantee of $5.67 million to cover Kube Energy’s equity and debt investments in Kube Energy Somalia LLC for a period of up to 15 years against the risks of expropriation and war and civil disturbance. This is MIGA’s first project in Somalia, which became a MIGA member country in March 2020.

The press release is live here:


Fatuma Hirsi, PhD

Communication Consultant

Somalia Country Office

World Bank Group | Delta Center | Menengai Road, Upper Hill, Nairobi

P.O Box 30577-00100, Nairobi Kenya



World Bank Somalia;

Somalia Multipartner Fund

Twitter: @mpf1somalia