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11 Mar 2015 description

Vienna, Austria, March 11, 2015. Over 30 partner countries stand to benefit from the latest round of financing approved at the 150th Session of the Governing Board of the OPEC Fund for International Development (OFID).

Public sector approvals amounting to US$201m will support the following projects:

Bangladesh 25.0

12 Dec 2013 description

Vienna, Austria, December 11, 2013. Meeting in its 145th Session, the Governing Board of the OPEC Fund for International Development (OFID) has approved financing over US$403m to boost socio-economic development in over 35 partner countries. Of the new commitments some US$306.04m went to support 14 public sector loans and seven grants. The bulk of the public sector funding will co-finance transportation, education, energy, poverty reduction, and water supply and sanitation projects. Under OFID’s private sector and trade finance programs, eight projects totalling US$97m were approved.

21 Mar 2013 description

Vienna, Austria, March 20, 2013. The Governing Board of the OPEC Fund for International Development (OFID), meeting in its 142nd Session, has approved 16 loans and grants totaling over US$166 million to boost socio-economic development in over 25 partner countries. The majority of the funding will co-finance projects aimed at combating energy poverty, followed by loans to help bolster the transportation and water supply and sanitation sectors.

13 Dec 2012 description

Vienna, Austria, December 12, 2012. The Governing Board of the OPEC Fund for International Development (OFID), meeting in its 141st Session, has approved 22 loans and grants totaling nearly US$300 million to boost socio-economic development in 23 partner countries. The bulk of the public sector loans will co-finance projects aimed at enhancing the transportation and energy sectors of the recipient countries, as well as the agriculture, education and health sectors.

17 Jun 2011 description

The Governing Board of the OPEC Fund for International Development (OFID), meeting in its 135th Session, has approved over US$56 million in loans and US$6 million in grants to address Africa’s needs. The funds will be allocated to the energy, transportation, agriculture, health and financial sectors.

28 Mar 2006 description

29/2006 March 28, 2006, Vienna, Austria - The OPEC Fund for International Development has approved a grant of US$100,000 in support of a capacity-building project aimed at strengthening the fisheries sector in Djibouti.