August 7, 2025: The OPEC Fund for International Development (the OPEC Fund) is committing €100 million to support Senegal’s 2024–2025 agricultural campaign, reinforcing the country’s efforts to boost...
OPEC Fund for International Development (OFID) Updates
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World + 9 more
OPEC Fund approves over US$720 million in new development financing supporting food security, water sector and public policy
June 18, 2025: The OPEC Fund for International Development (OPEC Fund) has approved over US$720 million in new development financing to improve access to essential services, boost climate resilience...
OPEC Fund provides US$20 million loan to boost agricultural transformation in Malawi
December 19, 2024: The OPEC Fund for International Development (the OPEC Fund) has signed a US$20 million loan agreement with the Republic of Malawi to finance Phase II of the Shire Valley...
Arab Coordination Group (ACG) pledges US$10 billion by 2030 to combat desertification and land degradation
OPEC Fund’s contribution is US$1 billion pledge to the Riyadh Global Drought Resilience Partnership December 3, 2024, Riyadh, Saudi Arabia: The Arab Coordination Group (ACG), a strategic alliance of...
Climate Finance Report 2024
About the Climate Finance Report The OPEC Fund’s inaugural Climate Finance Report discusses the imperative of climate action in addressing development challenges. It underlines the institution’s...
"250 million children worldwide are out of the classroom"
The bad news is that we see that children are not coming back — at least not in the volumes we would like to see. And the particularly bad news is that girls are not coming back as much as boys are.
The interwoven threads of Africa's challenges: food, climate and poverty insecurity
The continent faces a patchwork of challenges that may unravel in the absence of African leadership and international support On September 25, 2015, the United Nations General Assembly officially...
OPEC Fund provides US$50 million loan to support agriculture and food sector in Türkiye, prioritizing earthquake-hit regions
March 22, 2024: The OPEC Fund for International Development (the OPEC Fund) is extending a US$50 million loan to Türkiye to support the agricultural and food production sectors, prioritizing 11...
WFP and the OPEC Fund enhance partnership on food security and nutrition in the Philippines
DUBAI – On Saturday, the United Nations World Food Programme (WFP) and the OPEC Fund for International Development (OPEC Fund) signed an agreement for a US$500,000 grant in support of the Philippine...
OPEC Fund supports relief and recovery efforts in Libya after catastrophic floods with US$500,000 emergency aid grant
October 3, 2023: The OPEC Fund for International Development (the OPEC Fund) is taking action to support relief and recovery efforts in Libya in the aftermath of Storm Daniel, which struck the...
OPEC Fund promotes resilient, sustainable economy and climate action in Paraguay
April 5, 2023: The OPEC Fund for International Development (the OPEC Fund) is providing a US$100 million sovereign policy-based loan (PBL) to Paraguay to strengthen the country’s sustainable economic...
Armenia + 3 more
OPEC Fund approves over US$300 million in new financing and delivers on its Climate Action Plan
March 14, 2023: The OPEC Fund for International Development (the OPEC Fund) has approved more than US$300 million in new financing in the first quarter of 2023, reflecting the institution’s...
Syria + 1 more
OPEC Fund supports Syria and Türkiye emergency relief action with US$1 million grant
February 23, 2023: Following the deadly earthquakes in Syria and Türkiye, the OPEC Fund for International Development (the OPEC Fund) is providing a US$1 million grant to the International Federation...
OPEC Fund helps strengthen food security in Burundi with US$20m loan
March 4, 2021: The OPEC Fund for International Development (the OPEC Fund) has signed a US$20 million public sector loan agreement with Burundi to co-finance a project that will improve food...
US$20m loan boosts rural livelihoods in Malawi
December 23, 2020: The OPEC Fund for International Development (the OPEC Fund) has signed a US$20 million development loan agreement with Malawi to improve the livelihoods of around 1.3 million...
OPEC Fund approves emergency Guatemala loan
December 3, 2020. The OPEC Fund for International Development has approved a US$50 million public sector COVID-19-related loan to Guatemala to co-finance the ‘Crecer Sano-Nutrition and Health...
Guatemala + 2 more
OPEC Fund extends emergency grant to Central America in response to Hurricane Eta
November 24, 2020. The OPEC Fund for International Development (the OPEC Fund) has extended an emergency aid grant in support of a number of Central American countries in the aftermath of Hurricane...
El Salvador + 1 more
The OPEC Fund approves US$135m via fast-track process for El Salvador, Mozambique and Pakistan
Vienna, Austria, October 30, 2020. The OPEC Fund for International Development (the OPEC Fund) has approved public sector loans of US$35 million and US$50 million to support COVID-19 response efforts...
The OPEC Fund joins DFI partnership to mobilize billions of dollars in response to COVID-19
Vienna, Austria, May 18, 2020. The OPEC Fund for International Development (the OPEC Fund) has joined a group of more than 25 development finance institutions (DFIs) scaling up cooperation in...
The OPEC Fund dedicates US$1 bn to COVID-19 efforts in developing countries
Vienna, Austria, April 15, 2020. The OPEC Fund for International Development’s Governing Board has dedicated US$1 billion to fund COVID-19 impact and recovery efforts in developing countries. The...