18/06/2025
OPEC Fund Development Forum 2025 concludes with new commitments to accelerate global development impact
Announcement of over US$1 billion new financing: OPEC Fund signs US$362 million new loan agreements during the Forum and announces approval of US$720 million in new financing in the second Quarter A Country Partnership Framework agreement with Rwanda earmarks US$300 million financing in the next three years At the high-level Mauritania roundtable hosted by the OPEC Fund, the Arab Coordination Group (ACG) announced a pledge of US$2 billion financing over the next 5 years to support Mauritaniarsquo;s development priorities. The fourth OPEC Fund Development Forum (https://OPECFund.org) concluded today with a strong slate of new commitments, loan agreements and strategic partnerships to advance...
