Vienna, Austria. On April 25, the OPEC fund for International Development (OFID), in cooperation with Sotheby's, hosted a benefit art auction in support of the Austrian Red Cross program: “Learning aid for refugee children and German courses for adults,” raising over €60,000. OFID has supported a number of initiatives aimed at promoting the integration of refugees in its host city of Vienna, and last year centered its 40 year anniversary celebrations around the plight of the refugees.
Vienna, Austria, April 24, 2017. The OPEC Fund for International Development (OFID) has signed loan agreements totaling US$111m with partner countries Bolivia, Ethiopia and Guinea on the sidelines of the World Bank Spring Meetings held April 21-23 in Washington, DC. The agreements were signed by OFID Director-General Suleiman J Al-Herbish and ministers from the beneficiary countries.
Vienna, Austria, March 27, 2017. The OPEC Fund for International Development (OFID) has awarded The Carter Center a grant of US$800,000 to help support an initiative to eliminate blinding trachoma in Mali and Niger.
Former U.S. President Jimmy Carter; Ambassador (ret.) Mary Ann Peters, the Center’s CEO; and Dr. Walid Mehalaine, head of OFID’s Grants and Technical Assistance Unit, gathered Friday, March 24, for a signing ceremony at The Carter Center in Atlanta. Dr. Mehalaine represented Mr. Suleiman Al-Herbish, Director-General of OFID.
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.