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GNA – Ghana has signed an agreement for a $ 500-million partial guarantee from the World Bank for its Offshore Cape Three Points (OCTP)- Sankofa gas project. The IDA payment guarantee covers the risks of non-payment should the Ghana National Petroleum Corporation (GNPC)...

Anti-corruption campaigner, Vitus Azim has said that the indictment of waste management company, Zoomlion Limited by the World Bank for corruption and bribery in Liberia is an embarrassment to Ghana and its leaders. The company was cited in a World Bank report as having paid...

The World Bank Group has placed a ban on Zoomlion Ghana Limited for two years over alleged bribery in Liberia. The bribery allegation involved the World Bank-financed Emergency Monrovia Urban Sanitation Project. According to a report published on the World Bank’s website,...