MIGA's objective during this mission was to further develop its relationship with current clients and extend its services to other companies and financial institutions that are planning to invest in Africa. The seminar was attended by more than 50 representatives of companies and financial institutions from South Africa, Mauritius, and Mozambique. The following section illustrates the diversity of MIGA's portfolio in Africa. It presents a summary of guarantees issued to cover investments in the different sectors and countries, as well as highlights of projects in different African regions. In this region, which includes Algeria, Egypt, Libya, Mauritania, Morocco, and Tunisia, MIGA has issued four guarantee contracts.
Sectors covered by the guarantees include financial services, manufacturing, oil and gas.
Tunisia British Gas Plc. The project involves the construction and operation of offshore platforms at the Miskar gas field, a subsea gas pipeline, and an onshore natural gas processing plant. The gas field is expected to yield about 90 percent of domestic gas production. The project enterprise, British Gas Tunisia Ltd., is a wholly-owned subsidiary of British Gas Plc. British Gas is expected to employ 255 Tunisian workers and provide extensive operational, safety, environmental, and security training.