Financial and Banking News

AID FLOWS

OFID Provides $17.63mn in Loans and Grants 

The OPEC Fund for International Development (OFID) has agreed to lend $17.6mn to five developing countries and provide $30,000 in research grants. Mauritania will receive $2mn to help finance a livestock project. Mali is to be loaned $5mn for the CEAO training institute for textile industries, while a $6mn loan is provided for Ghana to help finance the rehabilitation of the Tema food complex project. The...