Financial And Banking News

AID FLOWS

OFID Approves $14.65mn in Loans

The Governing Board of the OPEC Fund for International Development (OFID) on 7 May approved loans totaling $14.65mn to the following six countries:

  Country Purpose Amount ($mn)  Benin Educational project 1.50 Central African Republic Bangui-M'Poko airport 2.00 Mali Expansion of Bamako water supply 2.75 Niger Development of Dembou dairy project 1.40 North Yemen Construction of petroleum products storage and...