SPOTL IGHT
“Being able to have partners such as the OPEC Fund for International Development... is an important statement of the South helping the South.”
Mia Mottley, Prime Minister, Barbados
Sidi Ould Tah, President, African Development Bank (top); Zeina Zeid Toukan, Minister of Planning and International Cooperation, Jordan (below)
The 2026 Development Forum also advanced a wider package of financing agreements, partnerships and development programs expected to exceed US$2.8 billion. These commitments will support economic reform, climate resilience, social protection, transport connectivity, trade finance,
Azerbaijan, the OPEC Fund provided its first local currency loan through a US$20 million-equivalent financing agreement with Bank Respublika to support local businesses and SMEs. Other agreements will support
The Forum also expanded the OPEC Fund’s network of strategic partnerships. New cooperation agreements were signed with the Digital Cooperation Organization, Gavi, the Vaccine Alliance, the Islamic Organization for Food
reforms and trade finance in Armenia, SMEs and critical infrastructure in East
Security, the Middle East Green Initiative and Saudi Eksab. The partnerships will support collaboration in digital transformation,
small and medium-sized enterprises and critical infrastructure across partner countries. New financing signed in Vienna included support for Armenia,
Africa, social protection and country partnership priorities in Mauritania,
along with road connectivity in Nicaragua.
health financing and immunization, food and water security, climate action and sustainable investment.
Azerbaijan, East Africa, Mauritania and Nicaragua. In
Sania Nisthar, CEO of Gavi, and
OPEC Fund President Abdulhamid Alkhalifa
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