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19 Oct 2018 description

Vienna, Austria, October 19, 2018. OFID – the OPEC Fund for International Development – yesterday hosted a roundtable at its Vienna headquarters to discuss policy options to address the interrelated challenges of development and displacement.

14 May 2018 description

Vienna, Austria, May 14, 2018. OFID – the OPEC Fund for International Development – has signed a US$1 million grant agreement with the World Health Organization (WHO) for an initiative aimed at eliminating neglected tropical diseases (NTDs) in seven African countries. The agreement was signed by Dr Matshidiso Moeti, WHO Regional Director for Africa, and Suleiman J Al-Herbish, OFID Director-General.

26 Feb 2018 description

Vienna, Austria, February 26, 2017. A new report, Wastewater: The reuse opportunity, published today by the International Water Association and OFID (the OPEC Fund for International Development), argues that decisive, urgent and large-scale action is needed to dramatically increase wastewater treatment, reuse and recycling. The report states that cities, as drivers of the global economy, must lead this resource revolution to enable a transition to a circular economy.

19 Sep 2017 description

Vienna, Austria, September 19, 2017. The 160th Session of the Governing Board of the OPEC Fund for International Development (OFID) has approved nearly US$250 million of new development funding to benefit developing countries across the globe.

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.

16 May 2017 description

Water: Are we all too wet behind the ears?

March 22 marked World Water Day; a day when we’re all supposed to take action to tackle the water crisis. But how many people even know there’s a crisis to be tackled? Certainly, a good few in the developing world will be aware that there’s something not quite right, since a full 1.8 billion of them still use a contaminated source of drinking water. This puts them at risk of contracting cholera, dysentery, typhoid and polio.

26 Apr 2017 description

Vienna, Austria. On April 25, the OPEC fund for International Development (OFID), in cooperation with Sotheby's, hosted a benefit art auction in support of the Austrian Red Cross program: “Learning aid for refugee children and German courses for adults,” raising over €60,000. OFID has supported a number of initiatives aimed at promoting the integration of refugees in its host city of Vienna, and last year centered its 40 year anniversary celebrations around the plight of the refugees.

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

09 Feb 2017 description

The New Urban Agenda: Seeing the bigger picture

Sustainable urbanization, as defined in the New Urban Agenda adopted at the Habitat III Summit in October 2016, has been hailed as a positive, transformative force for development. A process that, if properly planned and managed, will usher in a new era of wellbeing, resource efficiency and economic growth for billions of city dwellers.

25 Oct 2016 description

Asia: Catching the wave of success

As the highest performing region under the Millennium Development Goals, Asia has much to shout about. Among other notable achievements, poverty has been slashed by more than two-thirds, great strides have been made in the delivery of healthcare, and primary school enrolments have surged.

The results are remarkable for a continent that is the largest on earth and home to more than half the world’s population.

20 Jul 2016 description

Tuesday July 19:

In the bid to overcome the stigma and discrimination associated with HIV, informing people of their rights and giving them the means to access these rights is a genuine game changer.

"The law has a huge role to play in the response to HIV," said David Patterson, Senior Legal Expert at the International Development Law Organization, on the sidelines of AIDS 2016 in Durban.

19 Jul 2016 description

Hunger: More than a moral outrage

The statistics are shocking, so utterly appalling as to be beyond comprehension: 780 million people deprived of sufficient nourishment; three million under-fives dead from hunger in just one year; and, 66 million primary school children sent to class every day on empty stomachs.

Tragically, this is not the trailer for some postapocalyptic sci-fi blockbuster, but hard truths about the world we live in.

27 Apr 2016 description

Vienna, Austria, April 27, 2016. As part of its 40th anniversary dedication to highlighting the plight of refugees, the OPEC Fund for International Development (OFID) opened the Equal Dreams exhibition at its Vienna headquarters on April 26. Co-hosted by the United Nations High Commissioner for Refugees (UNHCR) and the United Nations Relief and Works Agency for Palestine Refugees in the near East (UNRWA), the exhibition showcases the difficulties faced by refugee children in realizing their dreams.

26 Apr 2016 description

Comment: Equal dreams, equal opportunities

The migration of people—across land and sea, among countries and regions—is a centuries’ old phenomenon. But it has never polarized opinion more than it does today.

As the wretched trail of refugees continues across its borders, Europe has become dangerously close to disintegrating. Both governments and citizens are divided. On one side, outrage is fuelled by fear. On the other, humanitarian voices plead for benevolence and understanding.

01 Apr 2016 description

Vienna, Austria, March 30, 2016. A high-level seminar, organized and hosted by the OPEC Fund for International Development (OFID) at its Vienna headquarters as part of a series of events to mark its 40th anniversary, has concluded that key actions to boost food security should concentrate on fostering partnership and cooperation among all the stakeholders as well as leveraging technology and innovation.

08 Mar 2016 description

Vienna, Austria, March 8, 2016. All children have the same dreams and aspirations regardless of their situation. Globally, over 50% of refugees are children; they are the biggest group affected by displacement. Many displaced children lose access to their essential rights, including their right to play and to an education. The OPEC Fund for International Development (OFID), in partnership with Child of Play, has launched the Equal Dreams campaign.

22 Feb 2016 description
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Arabic version

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: