THE OPEC FUND
In 2020, the OPEC Fund committed $1.59bn to develop- ment operations, many of which were co-financed with partners. The total project cost of these operations was more than $19bn.
Private Sector and Trade Finance co-financiers in 2020 included:
Our Public Sector co-financiers during 2020 (in addition to partner country governments and beneficiaries) were as follows:
– Africa Growing Together Fund/People’s Bank of China – African Development Bank (AfDB) – Agricultural Bank of Niger (BAGRI) – Arab Bank for Economic Development in Africa (BADEA) – Asian Development Bank (ADB) – Asian Infrastructure Investment Bank (AIIB) – Global Environment Facility (GEF) – Green Climate Fund (GCF) – International Development Association, World Bank Group (IDA) – International Federation of Red Cross and Red Crescent Societies (IFRC) – International Fund for Agricultural Development (IFAD) – International Monetary Fund (IMF) – Islamic Development Bank (IsDB) – Kuwait Fund for Arab Economic Development (KFAED) – Saudi Fund for Development (SFD) – World Bank Group – World Health Organization (WHO)
– African Development Bank (AfDB) – Deutsche Investitions- und Entwicklungsgesellschaft mbH (DEG) – Emerging Africa Infrastructure Fund (EAIF) – Dutch Entrepreneurial Development Bank (FMO) – Infrastructure Development Company Limited (IDCOL) – International Finance Corporation (IFC) – International Islamic Trade Finance Corporation (ITFC) – Islamic Corporation for the Development of the Private Sector (ICD) – MUFG Bank
NOTE: – Includes 2019 project loans signed in 2020
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