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29 Oct 2018 description

Vienna, Austria, October 29, 2018. OFID – the OPEC Fund for International Development – has concluded a high-level mission to Jordan, during which grant agreements were signed with two partners. OFID Director-General Suleiman J Al-Herbish stated: “I am proud to conclude my tenure at OFID with a humanitarian mission that represents the mandate of our institution.” He referred to the signing of the grant agreements as another milestone in the history of OFID’s cooperation with Jordanian institutions working in different sectors.

04 Apr 2018 description

April 4, 2018, Vienna, Austria. OFID Director-General Suleiman J Al-Herbish has concluded a high-level mission to Amman, Jordan, where he reaffirmed OFID’s commitment to Palestine through the signing of 10 grant agreements totaling nearly US$16.4 million. The funds will support a range of projects and programs aimed at bolstering the resilience and living standards of the Palestinian people.

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.

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.

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.

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

15 Oct 2012 description

Vienna, Austria, October 15, 2012. The OPEC Fund for International Development (OFID) has signed new loan agreements with six partner countries in Africa and Asia. The agreements were signed on the sidelines of the World Bank/IMF Annual meetings in Tokyo, Japan, by Mr. Suleiman J. Al-Herbish, OFID Director-General, and various ministers of the beneficiary countries.

14 Jun 2012 description

OFID Annual Report highlights ongoing commitment to development

Seefeld, Austria, June 15, 2012