VOL. XLV

No 22

3-June-2002

OPEC

OPEC Fund Agrees Loans With Niger And Angola; ReliefAccord With Nicaragua

On23 May the OPEC Fund for International Development signed agreements to providefunds to Niger, Angola and Nicaragua. Niger will receive a $10mn loan to help finance the second phaseof an urban development project which aims to improve urban infrastructure,mainly in the capital Niamey. Angola signed an agreement with the fund for a loan of $9.39mn tohelp finance reform of the country痴...