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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.

29 Dec 2004 description

113/2004

December 29, 2004, Vienna, Austria - The OPEC Fund for International Development today approved a humanitarian grant of US$1.2 million to aid relief efforts in Southeast Asia following the massive undersea earthquake that struck the region on December 26.

Measuring 9.0 on the Richter scale, the quake triggered giant tsunamis that obliterated villages and seaside resorts in several countries, claiming tens of thousands of lives and leaving many more injured. An estimated one million people have been made homeless.