Vienna, Austria, March 14, 2017. Over 15 partner countries stand to benefit from the latest round of financing, totaling nearly US$190m, which was approved at the 158th Session of the Governing Board of the OPEC Fund for International Development (OFID). The public sector loans, which total US$106m, will support the following projects/programs:
The New Urban Agenda: Seeing the bigger picture
Sustainable urbanization, as defined in the New Urban Agenda adopted at the Habitat III Summit in October 2016, has been hailed as a positive, transformative force for development. A process that, if properly planned and managed, will usher in a new era of wellbeing, resource efficiency and economic growth for billions of city dwellers.
February 8, 2017, Vienna, Austria. The OPEC Fund for International Development (OFID) has approved an emergency assistance grant in support of the World Food Program’s (WFP) ongoing humanitarian food and nutrition assistance operations in famine-stricken areas in northeast Nigeria. This latest initiative will target over two million people in the worse-affected areas—Borno and Yobe states—including population pockets where humanitarian assistance has not yet reached.
January 19, 2017, Vienna, Austria. The OPEC Fund for International Development (OFID) has signed a grant agreement with Care Austria for a project aiming at strengthening farmers’ livelihoods and food security in the Gaza Strip, directly benefiting around 7,500 people.
The US$800,000 agreement was signed by OFID Director-General Suleiman J Al-Herbish and Dr Andrea Barschdorf-Hager, Care Executive Director, who was accompanied by Dr Daniel Seller, Care Program Director.
December 21, 2016, Vienna, Austria. The OPEC Fund for International Development (OFID) has approved an emergency assistance grant in support of aid operations being carried out by Islamic Relief (IR). Grant proceeds will be used to procure and distribute 2,000 winter kits, benefiting over 12,000 individuals.