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World Bank approves guarantees for the West African Gas Pipeline despite outstanding concerns

On November 23rd, the Executive Directors of the World Bank and MIGA approved guarantees worth US$125 million in support of a 680 km pipeline to transport Nigerian gas to Benin, Togo, and Ghana. The World Bank provided a $50 million guarantee to the Ghanaian government, while MIGA provided a guarantee of up to $75 million. World Bank's Press Release on WAGP

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West African Gas Pipeline Project Africa

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Last updated 06 January 2009
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