Financial and Banking News


OFID Approves $14.68mn Aid Package 

The Governing Board of the OPEC Fund for International Development (OFID) on 27 August approved four new project loans and two technical assistance grants to international organizations worth $14.68mn as follows: $1mn to Guyana for the East Bank Essequibo project; $2mn to Mauritania for the rehabilitation of Ksar thermal station; $6.2mn to Sudan for rehabilitation of the electricity network of the Khartoum area;...