Tag: financial guarantees
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Ghana signs $700m guarantee for Sankofa, Gye Nyame Oil project
The Government of Ghana has signed an agreement of 700 million dollars with the World Bank to provide financial guarantee for the Sankofa Gye Nyame Oil and Gas Project located 60km offshore Takoradi in the Western region. The World Bank has already negotiated the legal documentation with the project sponsors– ENI, Vitol, GNPC, and the…