OPEC Fund for International Development is an intergovernmental development institution that provides financial support for economic development projects in member countries and beyond.

OPEC Fund for International Development

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Head of Development Effectiveness

Ulrike Haarsager

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OPEC Fund for International Development (OFID) is the development finance institution established by the Member States of OPEC in 1976 as a channel of aid to the developing countries. OFID works in cooperation with developing country partners and the international donor community to stimulate economic growth and alleviate poverty in all disadvantaged regions of the world. It does this by providing financing to build essential infrastructure, strengthen social services delivery, and promote productivity, competitiveness, and trade. OFID’s work is people-centered, focusing on projects that meet basic needs such as food, energy, clean water and sanitation, healthcare, and education with the aim of encouraging self-reliance and inspiring hope for the future.

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Wien

Austria

Europe

OPEC Fund

OPEC Fund approves close to US$1.2 billion new development funding

Opec Fund approves $605mln in new development financing

Bosnia gives nod to 12.5 mln euro OPEC Fund loan to Raiffeisen Bank

OPEC Fund, Uzbekistan ink a framework agreement worth $500 million

Opec Fund sets $27bln for 4,000 development projects

Opec Fund delivers record results with $1.7 bn in development funding

S&P upgrades OPEC Fund rating to 'AA+/A-1+' Outlook Stable

OPEC Fund gets S&P rating upgrade as it signs new $600mln financing

OPEC Fund approves over US$600 million in new financing for global development

Nigeria

Africa

United States

North America

Côte d'Ivoire

Kenya

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news impact assignment basic	general
public peers	general	Sep 25, 2024 4:40 PM	af585cce
news daily refresh	general
news processing daily refresh	general
news impact assignment daily	general
news processing basic	general	Sep 25, 2024 6:29 PM	faef62e6
company summary	general
signals	general	Sep 25, 2024 4:40 PM	366c5d0d
crunchbase trigger	general	Nov 12, 2024 12:52 PM	c5d80bc8
crunchbase profile	general	Nov 12, 2024 4:26 PM	d99d96d0
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translate crunchbase fundingrounds	general	Nov 12, 2024 6:58 PM	0b13e3f3
peers	general	Sep 25, 2024 4:40 PM	31fab374
news basic	general	Sep 25, 2024 4:40 PM	40e0ca03
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ORG:OPECFUND

OPEC Fund for International Development