DEVELOPMENT NEWS
Constructing a hospital in post- earthquake Türkiye A US$20 million OPEC Fund loan will help finance the cost of building a 50-bed hospital in Türkiye’s Malatya province, an area hit hard by the 2023 earthquake. The hospital will support the region in regaining its capacity to deliver health services with improved infrastructure that will be resilient to future seismic activity.
The project is part of a larger effort to build 13 hospitals across the country that will be constructed in accordance with green, resilient and sustainable standards. The hospitals will increase the local health sector’s disaster- coordination capacity against future incidents.
Photo (inset): Mehmetkrc/Shutterstock
Developing Rwanda’s dairy industry T he aim of the OPEC Fund’s US$20 million loan is to increase the productivity and resilience of smallholder dairy production systems. The project also aims to increase the efficiency of the dairy value chain through scale-up investments, improved market access and the promotion of dairy products. Access to animal feed and water for livestock will be improved and training and service programs will introduce climate-smart practices and nature-based solutions. The program will benefit 175,000 poor and nutrition-insecure rural households and will target a significant proportion of women and youth beneficiaries.
Promoting clean cooking in Somalia
T he OPEC Fund is providing more than US$42 million in loan and grant commitments to Somalia for a program focusing on debt sustainability and sustainable management of agroforestry resources with technology for clean cooking. A portion of the program will be devoted to transitioning households to cleaner cooking alternatives and developing more
sustainable livelihoods for rural communities relying on agroforestry outputs, which includes redeploying resources away from the environmentally harmful charcoal production.
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