The OPEC Fund for International Development and CGIAR have signed a new cooperation agreement aimed at accelerating investment in climate-resilient agriculture, sustainable food systems, and rural development across developing regions. The agreement was formalised during the Islamic Development Bank Group Annual Meetings by OPEC Fund President Abdulhamid Alkhalifa and CGIAR Executive Managing Director Ismahane Elouafi, ...

The OPEC Fund for International Development has approved two concessional loans totalling $31 million to bolster Chad’s power supply and rice production, tackling acute energy poverty and food insecurity in one of Africa’s most climate-exposed countries. Financing Breakdown Energy Sector Support Project: $15 million to expand access to clean, affordable electricity through off-grid and renewable ...