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02 Aug 2017 description

OFID Quarterly examines the wellbeing, safety of children across the world

Vienna, Austria, August 2, 2017. “I like schnitzels, but some food, I don't like,” says 14 year-old Shokria, who is originally from Afghanistan. “I miss some special food from Afghanistan.” Shokria left her home when her father was killed and has been in Vienna for nearly two years. Her story is just one of many perspectives on child refugees examined by the July edition of the OFID Quarterly magazine, which is circulating as of today.

15 May 2017 description

A two-year project to bring safe, affordable drinking water to more than 50,000 of the poorest residents in Nairobi, Kenya, has now been inaugurated after successful completion earlier this year. The initiative was co-funded by OFID (the OPEC Fund for International Development), the UK Government’s Department for International Development and Borealis and Borouge through their joint corporate social responsibility programme Water for the World™. Water & Sanitation for the Urban Poor (WSUP) was responsible for implementation and project management.

22 Feb 2016 description
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Vienna, Austria, February 22, 2016. The OPEC Fund for International Development (OFID) has signed new public sector loan and grant agreements totaling over US$60m to help boost socio-economic development in nine partner countries. The agreements were signed by OFID Director-General Suleiman J Al-Herbish and high-ranking officials of the beneficiary countries, including HE Amara M. Konneh, Minister, Ministry of Finance and Development Planning of Liberia; and HE Mubin Mirzaev, Deputy Minister of Finance of Uzbekistan.

12 Oct 2015 description

Director General signs loan agreements with ten partner countries

Vienna, Austria October 12, 2015. A delegation from the OPEC Fund for International Development (OFID), headed by Director-General Suleiman J Al-Herbish, has concluded a high-level mission to Lima, Peru, to attend the 2015 Annual Meetings of the World Bank and the International Monetary Fund (IMF), as well as a number of other important meetings.

08 May 2014 description

May 6, 2014, Vienna, Austria. The OPEC Fund for International Development (OFID) has approved a US$500,000 grant in humanitarian aid to help provide food assistance to conflict-affected people from South Sudan, who are fleeing the country to seek refuge in neighboring countries Ethiopia, Kenya, the Sudan and Uganda. The grant will be channelled through the World Food Program (WFP), which is presently transporting supplies to the hardest-hit communities.

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.

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

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.

14 Jun 2012 description

Seefeld, Austria, June 15, 2012

OFID Governing Board approves new loans and grants to boost socio-economic development Seefeld, Austria, June 15, 2012. The Governing Board of the OPEC Fund for International Development (OFID), meeting in its 139th Session, has approved 13 loans and grants totaling nearly US$66 million to boost socio-economic development in over 34 partner countries. The loans, which will cover the agriculture, education, energy, transportation and water supply sectors, are as follows: (see the attached PDF)

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.

17 Mar 2011 description

The Governing Board of the OPEC Fund for International Development (OFID), meeting in its 134th Session, has approved US$65 million in new financing. The funds will support five projects in various countries in Africa, Asia and Latin America. The bulk of the lending will be allocated to agriculture and rural development, while the remaining will help fund road projects.

The five public sector loans comprise:

Country Project
Amount
12 Jul 2010 description

The Director-General of the OPEC Fund for International Development (OFID), Mr. Suleiman J. Al-Herbish, today signed three grant agreements with the United Nations Children's Fund (UNICEF), the United Nations Educational Scientific & Cultural Organization (UNESCO) and the Foundation for the Social Promotion of Culture (FPSC), to help finance various projects and programs.

The first grant in the amount of US$3,000,000 will finance an OFID/UNICEF Joint Project on Scaling Up Assistance to Children affected by HIV/AIDS in nine countries in Africa.

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.

03 Feb 2009 description

06/2009

February 3, 2009 Vienna, Austria - Eleven developing countries in Africa, Asia and the Caribbean are to benefit from fresh financing extended by the OPEC Fund for International Development (OFID). The loans were signed on behalf of OFID by Mr. Suleiman J. Al-Herbish, OFID Director-General, along with representatives of the beneficiary countries.

The majority of the financing, which totals US$118.8 million, will support projects aimed at bolstering the transportation sectors of the recipient countries.

22 Nov 2005 description

114/2005 November 22, 2005, Vienna, Austria . The OPEC Fund for International Development has approved a grant of US$80,000 to co-finance construction of a health care center in the Kitui district in Kenya. Sponsored by the BIDII Women's Self Help Group (WSHG), the scheme aims at improving quality of life and reducing the incidence of disease among the area's 108,000 people.