Tag Archives: MIGA

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Seven Energy Seals $200M World Bank Gas Financing Deal

Seven Energy Seals $200M World Bank Gas Financing Deal

Independent integrated oil and gas development, production and gas distribution company, Seven Energy, has concluded a $200 million gas development deal with the World Bank. The Multilateral Investment Guarantee Agency (MIGA), a political risk insurance and credit enhancement arm of the World Bank Group, said the deal is its first engagement in Nigeria’s gas sector.

World Bank, IFC, MIGA Approve N191bn to Support Nigeria Power Project

Abuja – The World Bank, the International Finance Corporation (IFC) and the Multilateral Investment Guarantee Agency (MIGA), had approved $1.18 billion about N191billion to support Nigeria in boosting its power generation. This is contained in a statement by Bamidele Oladokun, Communication Associate to the World Bank, in Abuja on Wednesday. It stated that the donors

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