Arab development institutions announce major funding for African projects
OPEC Fund for International Development
Latest in OPEC Fund for International Development
climate action
OPEC Fund approves $500 million in new financing deals
The 15 new projects approved for the quarter also reflected the Fund’s launch of a $1 billion food security action plan and the adoption of its first dedicated climate action plan earlier this year
Charity
Opec fund gives $1 billion for food security in countries hit hardest by Ukraine conflict
The Opec Fund for International Development will provide immediate assistance to countries such as Egypt, Jordan, Lebanon, Morocco and Tunisia
economic recovery
OPEC Fund for International Development approves $233mn funding to aid public sector projects
The funding to aid economic recovery, infrastructure projects, and food security will benefit a number of countries, including Kosovo, Pakistan, Uzbekistan, and Zimbabwe