World Bank pledges $700m for Ghana gas project

Madeleine Cuff
clock

Record investment in offshore gas project aims to save 1.6 million tonnes of CO2 every year

The World Bank's board of directors yesterday approved $700m in investment guarantees for an offshore gas project in Ghana, in a bid to address the country's chronic electricity shortage and reduce its...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Energy

Global Briefing: China curtails record amount of wind and solar, as coal generation rebounds

Global Briefing: China curtails record amount of wind and solar, as coal generation rebounds

China’s wind and solar curtailment rose by 49 per cent during H1, jet fuel made from tropical fruit scoops $3bn funding, and Walmart sets new emissions target

Stuart Stone
clock 07 August 2026 • 11 min read
First phase of Highland Hydrogen Hub given green light

First phase of Highland Hydrogen Hub given green light

Highland Council approves 15MW Cromarty Green Hydrogen Production Facility

clock 07 August 2026 • 2 min read
Ofgem proposes reduced market entry 'barriers' for energy suppliers offering clean tech services

Ofgem proposes reduced market entry 'barriers' for energy suppliers offering clean tech services

Consultation suggests making it easier for new suppliers to enter the electricity market and offer specialist services for EVs, batteries and heat pumps

clock 06 August 2026 • 3 min read