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Building Capacity to Manage Ghana’s Oil – World Bank assists with US$38 million

Posted by Business in Ghana on January 24, 2011

Government Agencies, Local Authorities, Educational Institutions and Civil Society to benefit

The World Bank Board today approved a credit of US$38 million to the Government of Ghana for implementation of an Oil and Gas Capacity Building Project.

The Project, which has become necessary following Ghana_s discovery of oil and gas in commercial quantities has two main objectives: first, to help improve public management and regulatory capacity and enhance sector transparency by strengthening the institutions managing and monitoring the sector; and second, support the development of indigenous technical and professional skills needed by the petroleum sector through support to selected educational institutions. Read the rest of this entry »

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