VIENNA, December 25, 2025: The OPEC Fund for International Development announced a new co-financing commitment of up to US$2 billion with the African Development Fund (ADF) for the period 2026 to 2030, reaffirming its ongoing financial support for...
Tag : OPEC fund
The OPEC Fund for International Development (OPEC Fund) has announced its contribution of $30 million to co-finance Africa’s largest onshore wind power project. This initiative involves the construction of two wind farms, each with a...
The OPEC Fund for International Development (OPEC Fund) has formalized its first collaboration with Montenegro, signing a €50 million loan agreement to bolster the nation’s fiscal stability and green transition. The agreement, announced on December...
OPEC Fund for International Development (OPEC Fund) and Africa Finance Corporation (AFC) have signed a US$50 million loan agreement to finance infrastructure development across the continent. Through the 10-year loan, connectivity, transport, logistics, trade, and...
To support Panama's climate action, adaptation, resilience, and mitigation policies, the OPEC Fund is providing a $120 million loan. "Panama Support Programme for the National Climate Change Policy" aims to mitigate, contain, and reverse the...