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30 Aug 2017 description

August 30, 2017, Vienna, Austria. The OPEC Fund for International Development (OFID) has approved an emergency assistance grant to help procure essential relief supplies for mudslide victims in Sierra Leone and support emergency operations. The grant will be channeled through the International Federation of Red Cross and Red Crescent Societies (IFRC).

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.

11 Dec 2015 description

Vienna, Austria, December 11, 2015. Over 24 partner countries stand to benefit from the latest round of financing approved at the 153rd Session of the Governing Board of the OPEC Fund for International Development (OFID).

Public sector approvals amount to nearly US$154m and comprise the following: See complete table

Grant funding totaling US$3.36m was also approved for the following projects/programs:

06 Feb 2015 description

Vienna, Austria, February 6, 2015. The OPEC Fund for International Development (OFID) has signed a US$400,000 grant agreement with Cuba to support Cuban medical brigades deployed for Ebola treatment/containment missions in Sierra Leone, Liberia and Guinea.

The agreement was signed by OFID Director-General, Mr Suleiman J Al-Herbish and HE Ileana Núñez Mordoche, Deputy Minister of Foreign Trade and Investment of Cuba.

06 Feb 2015 description

Vienna, Austria, February 6, 2015. The OPEC Fund for International Development (OFID) has signed a US$400,000 grant agreement with Cuba to support Cuban medical brigades deployed for Ebola treatment/containment missions in Sierra Leone, Liberia and Guinea.

The agreement was signed by OFID Director-General, Mr Suleiman J Al-Herbish and HE Ileana Núñez Mordoche, Deputy Minister of Foreign Trade and Investment of Cuba.

04 Aug 2014 description

Vienna, Austria, August 4, 2014. The OPEC Fund for International Development (OFID) has approved an emergency assistance grant of US$500,000 to support the activities of the World Health Organization (WHO) in stopping the spread of the deadly Ebola virus which has claimed hundreds of lives in West Africa. The grant has been extended as a result of discussions between the Director General of OFID, Mr Suleiman J. Al-Herbish and the Special Representative of the UN Secretary General, Dr Kandeh Yumkella.

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.

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.

18 Jul 2012 description

On July 9, OFID signed four public sector loan agreements with The Gambia, DR Congo and Bangladesh to help fund projects aimed at helping fight energy poverty, enhance food security and provide health services to underserved communities. The agreements were signed by OFID Director-general, Mr. Suleiman J. Al-Herbish and HE Abdou Kolley, Minister of Finance & Economic Affairs of The Gambia; HE Mr. Mosud Mannan, Ambassador of Bangladesh to Germany; and, HE Mr. Roger Shulungu Runika, Vice Minister of Finance of DR Congo.