Opec Fund

Energy, Oil & Gas

Opec Fund commits $3.2bn in developmental finance last year

Fri, 06 Mar 2026

The OPEC Fund for International Development (The OPEC Fund) committed a record $3.2 billion to development operations in 2025, the highest annual volume in the institution’s history, and a 39 percent increase year-on-year.

Energy, Oil & Gas

Opec Fund to co-finance up to $2bn to accelerate development across Africa

Thu, 25 Dec 2025

The Opec Fund for International Development (Opec Fund) has announced up to $2 billion in co-financing with the African Development Fund (ADF) for the period 2026–2030, reaffirming its long-standing commitment to Africa and to concessional financing for the continent’s most vulnerable countries.

Energy, Oil & Gas

Opec Fund arranges $30m loan to Evocaban for green transition

Sun, 26 Oct 2025

The Opec Fund for International Development (the Opec Fund) has arranged a $30 million syndicated loan facility for Evocabank in Armenia. The funding will expand Evocabank’s lending capacity to micro, small and medium-sized enterprises (MSMEs) and support climate-related investments helping to strengthen Armenia’s private sector and foster sustainable economic growth.

Energy, Oil & Gas

Opec Fund strengthens partnership with African Development Bank Group

Wed, 14 Jan 2026

The Opec Fund for International Development (the Opec Fund) is undertaking an official mission to Côte d’Ivoire to further strengthen strategic cooperation with the African Development Bank Group (AfDB) and advance joint efforts to support sustainable development across Africa.