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The OPEC Fund for International Development
Together we drive development, strengthen communities and empower people.
About The OPEC Fund for International Development
The OPEC Fund for International Development is a development finance institution established by the member countries of OPEC in 1976 as a channel of aid to other developing countries. The OPEC Fund works in cooperation with some 125 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. The work of the OPEC Fund 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. The headquarters of the OPEC Fund are located in Vienna, Austria. The current President is Dr. Abdulhamid Alkhalifa of Saudi Arabia. He assumed office as Director-General and Chief Executive Officer of the OPEC Fund on November 1, 2018.
Verified activity
Signals from The OPEC Fund for International Development
6 published signals
Presence & Recognition
The OPEC Fund for International Development featured Vice President Alicia Montalvo from CAF -banco de desarrollo de América Latina y el Caribe at the OPECFundDevForum to discuss Latin America and the Caribbean's energy, biodiversity, and sustainable infrastructure opportunities.
Reported by The OPEC Fund for International Development
Presence & Recognition
The OPEC Fund for International Development is financing smallholder farmers in Zimbabwe to participate in market-oriented and climate-smart value chains.
Reported by The OPEC Fund for International Development
Capital & Finance
The OPEC Fund for International Development successfully priced a new US$1 billion 3-year public benchmark with a final orderbook of more than US$4.8 billion.
Reported by The OPEC Fund for International Development
Capital & Finance
The OPEC Fund for International Development supported a US$10 million loan for the Improvement of Water Resources Management in Khatlon Region Project in Tajikistan, modernizing infrastructure across five districts.
Reported by The OPEC Fund for International Development
Capital & Finance
The OPEC Fund for International Development provided a US$10 million loan to the Kulyab–Kalaikhumb Road Project in southeastern Tajikistan to reconstruct 58 km of road across two sections of the strategic corridor, including four bridges and one tunnel.
Reported by The OPEC Fund for International Development
Capital & Finance
The OPEC Fund for International Development is deepening its partnership with Tajikistan with a US$30 million loan for the first phase of the Rushan–Varshez Road Rehabilitation Project.
Reported by The OPEC Fund for International Development