30 June 2010
Just one day after a World Bank Group energy consultation in Cairo where the clear and strong message from both civil society and the private sector was for the World Bank Group to push for renewables, the International Finance Corporation has announced a $120 million investment in Egypt's oil sector.
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IFC invests $120 mln in Egypt refinery project, by Alexander Dziadosz, Reuters, June 30 2010 (Reuters website)