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World Bank approves finance package for Türkiye's power transmission project

- Project to support integration of increased renewable capacity into national grid, says bank

05.08.2025 General

Türkiye secures $748M from World Bank to upgrade electricity grid

- Funding pushes 2025's total concessional external financing to nearly $7B

05.08.2025 General

World Bank approves $640M loan to Bangladesh for 2 projects aimed at improving gas supply, air quality

- Fresh projects will boost economic growth, create jobs, and cut air pollution, says global lender

19.06.2025 Finance

Nigerian army shuts down 19 illegal oil refineries in Niger Delta

- 589,000 liters of petroleum products seized, 20 suspects detained in anti-smuggling operation

26.05.2025 Oil

Nigeria oil tanker blasts kill nearly 1,900 in 16 years, spike after subsidy removal

- 172 oil tanker accidents and 1,896 deaths reported since 2009

21.01.2025 General

World Banks approves $350 million for Tajikistan's hydropower plant

- Plant is expected to supply clean energy, reduce emissions and boost regional electricity exports

18.12.2024 Renewable

Nigerian authorities seize 1.2M liters of stolen oil

- 17 oil smugglers arrested and 20 boats used in smuggling operations also seized, says official

02.12.2024 Oil

Death toll in Nigeria's tanker explosion rises to 181

- Accident occurred when a petrol-laden truck exploded on Oct. 15

23.10.2024 Oil

World Bank Group provides record $42.6B in climate finance

- Projects include building cyclone shelters, investing in erosion control, reducing methane emissions, fully electric buses

21.09.2024 General

Turkish energy ministry and World Bank hold meeting aimed at boosting energy cooperation

- Minister Bayraktar says cooperation with international financial institutions need to be increased to accelerate energy transition

10.07.2024 Electricity Natural Gas Finance Energy Projects

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World Bank and Türkiye sign $1 billion renewable financing deal

- Results-based financing program—first of its kind in Türkiye—will disburse World Bank funds as pre-agreed results are reached

17.05.2024 Renewable Finance Projects General

World Bank approves €600 million loan guarantee for Turkish exporters to cut emissions

Project to include loan guarantee to Eximbank to mobilize €1 billion in international private capital through commercial loans of about 10-year tenures, says World Bank

23.02.2024 Finance

World Bank, Türkiye ink $155M loan deal for new green fund

- Türkiye Green Fund to provide green financing to businesses, promote investment in green technologies

13.12.2023 Renewable Finance

World Bank to pledge $750M for electricity transmission project in Türkiye

- World Bank country director for Türkiye describes country's renewable energy plan as 'one of the biggest programs that we have had for renewable installation in the developing world'

05.12.2023 Electricity Renewable