WASHINGTON, December 20, 2016 - The World Bank’s Board of Executive Directors today approved a US$400 million loan for Turkey and a US$400 million loan for Azerbaijan for the Trans-Anatolian Natural Gas...
Date: December 20, 2016
Type: Press Release
Language: English
The Republic of Ghana issued a US$1 billion sovereign bond on October 7 with a 15-year final maturity. The sovereign bond is partially guaranteed by a US$400 million Policy Based Guarantee (PBG) by the...
Date: November 18, 2015
Type: Feature Story
Language: English
WASHINGTON, July 30 2015 – The World Bank’s Board of Directors today approved a record investment of $700 million in guarantees for Ghana’s Sankofa Gas Project - a transformational project that will help...
Date: July 30, 2015
Type: Press Release
Language: English
Even a few years ago, renewable energy played only a small role in most countries’ energy planning. While governments and publics were eager to increase the share of renewables in their energy systems,...
Date: March 18, 2015
Type: Feature Story
Language: English
WASHINGTON, March 5, 2015 – Rapid expansion of oil supply from unconventional sources, a significant change in OPEC’s policy stance, and weak global demand are driving the recent plunge in oil prices,...
Date: March 5, 2015
Type: Press Release
Language: English
Access to a reliable and adequate heating supply is critical not only for people’s well-being, but for the daily functioning of essential public services. Given the cold climate and long heating seasons...
Date: February 25, 2015
Type: Feature Story
Language: English
ADDIS ABABA, January 26, 2015 – Ethiopia has averaged a 10.7% economic growth rate over the last 10 years, more than double the annual average of countries in Sub-Saharan Africa, which was around...
Date: January 26, 2015
Type: Feature Story
Language: English
World Bank Regional Vice President for the Middle East and North Africa, Inger Andersen, affirmed support to the people of Egypt and the country's development priorities and underscored the Bank’s commitment...
Date: September 13, 2014
Type: Press Release
Language: English
WASHINGTON, July 24, 2014—The World Bank’s Board of Directors today approved a loan of US$500 million for a project aimed to expand natural gas access to 1.5 million Egyptian households in eleven governorates,...
Date: July 24, 2014
Type: Press Release
Language: English
Ahmed is an elderly man with weather-beaten skin who spends long hours on an old bicycle selling gas cylinders from door-to-door in Cairo, alerting customers to his wares by tapping the cylinders with...
Date: July 24, 2014
Type: Feature Story
Language: English
WASHINGTON, July 2, 2014—The World Bank’s Board of Directors today approved an additional financing of US$400 million to the already existing Gas Sector Development Project of Turkey. The Bank has supported...
Date: July 2, 2014
Type: Press Release
Language: English
WASHINGTON, March 28, 2014 - Today the World Bank’s Board of Executive Directors approved three loans totaling $600 million to the People’s Republic of China to provide more efficient and better public...
Date: March 28, 2014
Type: Press Release
Language: English
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