OPEC Fund for International Development

Company description

The primary aim of OFID is to contribute to the social and economic development of emerging and less advanced countries. OFID is highly conscious of the benefits to be gained from collaborating closely with like-minded institutions. Such cooperation allows for a pooling of financial resources, manpower and skills and helps avoid wasteful duplication of effort. OFID's cooperating partners include the bilateral and multilateral development agencies of OPEC Member States, the specialized agencies of the United Nations System.

Company details

Parkring 8, A-1010,Vienna,Austria

Participation in projects

Projects Transactions
List of the updates in which the company was involved

Company updates

  • October 02, 2023

    Tender issued for Chennai Peripheral Ring Road Construction Project in Tamil Nadu

    Tamil Nadu Road Infrastructure Development Corporation has issued a tender for the Chennai Peripheral Ring Road (CPRR) Section II & III project in Tamil Nadu, India.  The Asian Infrastructur...

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  • August 24, 2023

    Foundation Laid For Mangoky Bridge In Madagascar

    The Ministry of Public Works has laid the foundation stone for the construction of the 880 m Mangoky Bridge in Madagascar.  The project encompasses the construction of a pre-stressed c...

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  • March 29, 2022

    Initial financing secured for Drinking water supply PPP project in Kiffa

    The Government of Mauritania has secured financing for US$100 million from Saudi Fund for Development (SFD) for the Kiffa drinking water supply system. The project will supply drinking water to&...

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  • December 09, 2021

    ADB supports BRT system in Vientiane

    ADB has announced that it will finance a sustainable urban transport project in Vientiane, the capital city of Laos. The program is being co-financed by the European Union’s Asia Investment Faci...

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  • July 09, 2019

    AfDB leads US$81.7m loan finacing for Eastern Corridor Development Programme in Ghana

    Development finance institutions led by the African Development Fund (ADF) has approved a US$81.67 million loan to co-finance sections of the 695-km Eastern Corridor road in Ghana, linking the capital...

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  • July 07, 2017

    FC for Madagascar airport PPP

    Ravinala Airports has finalized its funding arrangements and has commences construction works of the Madagascar’s Ivato international airport in Antananarivo and Fascene international airpo...

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  • June 15, 2017

    AIIM acquires stake in Mali energy firm

    African Infrastructure Investment Managers (AIIM), an equity investor in African infrastructure, through its AIIF3 fund, has acquired a 44% stake in Albatros Energy Mali.

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