Financial and Banking News


OFID Approves $10mn in Loans and Grants 

On 18 February the Governing Board of the OPEC Fund for International Development (OFID) approved the following loans and grants totaling $10.23mn:

- A loan of $6mn to Ghana for its Tema food complex corporation and a $3mn line of credit to Guyana for industrial rehabilitation.

- Four grants to international organizations: $261,000 to the UN Financing System for Science and Technology for Development;...