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12 Dec 2018 description

Vienna, Austria, December 12, 2018. OFID – the OPEC Fund for International Development – has approved more than US$328 million of new funding to benefit developing countries across the globe. The 165th Session of OFID’s Governing Board approved the funding at the organization’s Vienna

The public sector loans, which total US$216 million, will support the following projects.

14 Mar 2017 description

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:

Country: Bolivia

Project

17 Jun 2013 description

Vienna, Austria, June 17, 2013. The Governing Board of the OPEC Fund for International Development (OFID), meeting in its 143rd Session on June 13, has approved 17 loans and grants totaling over US$234 million to boost socio-economic development in over 44 partner countries. The majority of the public sector funding will co-finance transportation, energy and water supply and sanitation projects.

The approved public sector loans are as follows:

Burkina Faso

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.

01 Dec 2009 description

December 1, 2009 Vienna, Austria - The OPEC Fund for International Development (OFID) yesterday signed three grant agreements relating to important worldwide health initiatives. The agreements were signed on behalf of OFID by Mr. Suleiman J. Al-Herbish, Director-General, and by HRH Princess Ghida Talal, Chairperson of the Board of Trustees of the King Hussein Cancer Foundation (KHCF); Professor Claude Le Coultre, Chairwoman of the Board of the International Committee of the Red Cross Special Fund for the Disabled (IFRC/SFD); and Dr.

05 Sep 2003 description

79/2003

September 5, 2003, Vienna, Austria - The OPEC Fund for International Development has distributed over 43,000 metric tons of food aid to towns and villages in nine African countries: Eritrea, Ethiopia, Lesotho, Malawi, Mauritania, Mozambique, Swaziland, Zambia and Zimbabwe that are affected by the current food crisis sweeping much of Africa. Under a special Food Aid Grant Account, the OPEC Fund has provided a total US$20 million to assist a number of countries in Africa severely affected by the worsening crisis.