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19 Mar 2014 description

Vienna, Austria, March 18, 2014. Meeting in its 146th Session, the Governing Board of the OPEC Fund for International Development (OFID) has approved financing of nearly US$264 million to boost socio-economic development in over 30 partner countries. Of the new commitments, over US$193m will support 10 public sector loans and nine grants. The bulk of the public sector funding will co-finance agriculture, transportation, education, energy, health and water supply and sanitation projects.

15 May 2009 description


First Quarter CAP Funding Updates

In November 2008, Consolidated Appeals were launched to facilitate emergency response to crises in 31 countries world-wide. The appeals aim to assist 30 million people during the course of 2009. Seven of these appeals seek to respond to emergencies in counties in Central and East Africa. The total requirement for the response strategies outlined in these appeals is US$ 5.297 billion as of 1 April 2009.