African News - The World Bank Group says two of its units would provide another $517 million to Ghana in debt and guarantees to support the country’s $7.7 billion Sankofa gas project, an integrated offshore oil and natural gas project.
The financing adds to a $700 million World Bank guarantee package announced in July and brings the institution’s total financing to around $1.217 billion for the offshore project, whose gas component is set to open in 2018. READ MORE