Multilateral Investment Guarantee Agency(MIGA)
Cajutel Tokens : First time guaranteed tokens from world bank
The Multilateral Investment Guarantee Agency(MIGA), which frames a piece of the World Bank Group, promotes foreign direct investment (FDI) in its 175 member nations. To this end, MIGA gives protection to organizations and investors putting resources into its developing as assurances against the political hazard, and additionally admonitory administrations, limit building backing, and intercession administrations.
MIGA is controlled by World Bank Vice President Izumi Kobayashi, and represented by the Bank's official board.MIGA protects qualified risks against misfortunes identifying with money exchange limitations, confiscation, war and common unsettling influence and ruptures of agreement. This is proposed to enhance investors and Moneylenders certainty. MIGA protects private division ventures starting from MIGA member countries destined for developing country member for up to 15 year.These ventures incorporate value, investor advances, and investor credit ensures.
By supporting Cajutel ICO MIGA is showing that it is committed to promoting business development and encouraging enterprises to invest and set their sights on new markets, while at the same time giving new impetus to its economic growth and enhancing literacy rate.
Cajutel project aims at providing the high speed internet service for western africa where most of people are untouched with latest technology and techniques due to unavailability of internet.As an effective tool for nation's economy. Cajutel focused in building the infrastructure to serve high speed internet in all over the country covering every remote and rural area and make internet affordable for every individual, It is a commendable step in nation’s economy.
MiGA guarantee Investors Cajutel investors against risk on their investment. The ICO’s of the company act as the real shares in the company, tokens represented as shares in the company and token holder will be represented as the shareholder of company and holds equal voting right in company.whatever happens, if someone has a token, he will be able to legally claim he owns a share.
Due to the involvement of MIGA in the Cajutel project growing its market for investment internationally. The world bank authorised MIGA to attract investors into difficult operating environments by encouraging developing countries to reform their investment environments and address investor perceptions of political risk. The focus is said to be areas where there is potential to encourage greater change, such as conflict-affected areas and south-south investment.
MIGA support Cartel's Investment project on account of its business plan that is developmentally sound and meet high social and environmental standards, by applying their own set of safeguard policies.
