New grants to develop sustainable food production in Colombia and air transport in Malawi
The OPEC Fund has approved two technical assistance grants to the non-profit organization CODESPA and the government of Malawi
CODESPA in Colombia: US$270,000
Airport in Mzuzu, Malawi: US$350,000
CODESPA, a non-profit organization, will receive a US$270,000 grant to support the development of rural infrastructure projects in Colombia. The project aims at developing sustainable regional food production systems to improve the living conditions of 200,000 families in the departments of Cauca and Nariño. The total of direct and indirect beneficiaries is estimated at one million people. The organization was established in 1985 with the aim to create income-generating opportunities in low- and middle-income countries, particularly in Latin America. An earlier OPEC Fund grant to CODESPA helped finance food security and women empowerment in Nicaragua with a project that was successfully completed in 2019. Read more about CODESPA here: https://www.codespa.org/en/
A second OPEC Fund grant of US$350,000 will co-finance a technical and economic feasibility study for a new airport in Mzuzu City in Malawi. The planned regional airport is intended to offer reliable air services in the capital city of the Mzuzu region in the north of the country. Presently, Mzuzu City is serviced only by a small, outdated airport used solely by low-capacity aircraft. The new hub will help strengthen business, trade and tourism links and bring socio-economic benefits to the region and country. A feasibility study was co-financed
by the Arab Bank for Economic Development in Africa (BADEA).
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