Financial and Banking News


OFID Approves $10.8mn in Loans and Grants

The Governing Board of the OPEC Fund for International Development (OFID) on 22 April approved two loans and three technical assistance grants worth $5.81mn. Burundi will receive $3mn for the Makamba-Bujumbura road project and Togo $2.4mn for the Sodoke-Kara road rehabilitation project. Three technical assistance grants will be provided to The Natural Resources Institute in Africa of Zambia ($175,000), a...