The OPEC Fund for International Development (the OPEC Fund) is launching the Economic Stability, Trade and Resilience Initiative (E-STAR), a US$1.5 billion financing envelope to help partner countries ...

The Opec Fund for International Development (Opec Fund) has approved $600 million to support 15 new development projects across Africa, Asia, the Pacific, Latin America and the Caribbean. The ...

Intergovernmental development finance institution, the Opec Fund for International Development has provided a $150-million development policy loan to South Africa, which is aimed at supporting ...

VIENNA, 5th March, 2026 (WAM) -- The OPEC Fund for International Development (The OPEC Fund) committed a record US$3.2 billion to development operations in 2025, the highest annual volume in the ...

The OPEC Fund for International Development (the OPEC Fund) (www.OPECFund.org) and the West African Development Bank (BOAD) have signed a Framework Agreement to further strengthen their development ...

Last month, the United Arab Emirates announced its withdrawal from Opec, threatening the once-mighty oil-producing group ...

The Economic Freedom Fighters (EFF) rejects the continued enslavement of South Africa through endless foreign policy loans, ...

OPEC Secretary General Haitham Al Ghais emphasizes the critical need for continued investment in oil and gas, projecting their substantial role in the global energy mix until 2050. Primary energy ...

At a jointly organized side event on the margins of the United Nations Climate Change Conference (COP28), the IAEA and OPEC Fund discussed the establishment of a seed gene bank in the Arab Region as ...

South Africa has secured a $150m development policy loan from the OPEC Fund for International Development to support reforms aimed at easing infrastructure bottlenecks, its National Treasury said on ...

The world needs $18.2 trillion in oil and gas investments through 2050 to ensure energy supply by the middle of the century, OPEC Secretary General Haitham Al Ghais has told Energy Connects in an ...

The UAE left OPEC because its $1.7 trillion sovereign wealth portfolio now matters more than the price of crude. Higher oil prices can hurt Abu Dhabi as much as help it.