OFID governing board approves new loans and grants for Africa

Report
from OPEC Fund for International Development
Published on 17 Jun 2011

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.