OPEC Fund commits $2bn to boost Africa’s development
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...
Tag : OPEC Fund
OPEC Fund co-finances Africa’s largest onshore wind power project
The OPEC Fund has committed $30M to co-finance Africa’s largest onshore wind power project in Egypt’s Gulf of Suez, expected to power 1M homes and...
OPEC Fund signs €50 million loan agreement with Montenegro
OPEC Fund signs its first loan agreement with Montenegro, committing €50 million to bolster fiscal sustainability, climate action, and green projects, with support from the...
OPEC Fund provides $50 million for African infrastructure
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...
OPEC fund loans $120 million to Panama to tackle climate change
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...