Financial and Banking News


OFID Lends $27mn to 12 Countries 

Agreements for 12 loans worth $26.7mn were signed by the OPEC Fund for International Development (OFID) in Vienna on 21 December as follows:

 Country Purpose Amount 
 Burkina Faso Liptako-Gourma water supply project 2.00 Ethiopia Line of credit to the Agricultural and Industrial Development Bank 5.00 Uganda Agricultural development 4.00 Gambia Balance of payments support 0.50 Guinea-Bissau Balance of payments...