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OPEC Fund Approves $1 Billion Joint Financing for African Countries

December 27, 2025APS | صناعة، طاقة ومناجمaps.dzTranslated from Arabic
OPEC Fund Approves $1 Billion Joint Financing for African Countries

VIENNA - The OPEC International Development Fund (OPEC Fund) has approved a joint financing program with the African Development Fund, affiliated with the African Development Bank, worth approximately $1 billion, aimed at providing easy financing for more fragile African countries from 2026 to 2030, according to a statement from the OPEC Fund.

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