OPEC Fund Quarterly - 2024 Q1

SPECIAL FEATURE

Awards, nominations and designations: • March 2023 and January 2024: Nominated for the Earthshot Prize which is run by the British Royal Foundation of the Prince and Princess of Wales. • May 2023: Won the World Bank Youth Summit Award. • July 2023: Designated as the official

Participation in accelerator and mentor programs Kee Farms’ participation in accelerator and mentor programs has been instrumental in its growth: •  Seaworthy collective incubator: Provided essential frameworks and connections for fundraising and business development. • Halcyon accelerator: Offered critical insights and guidance for startup growth, including legal and strategic support. •  Yunus & Youth Fellowship: Focused on refining enterprises

ambassador for the Government of Jamaica’s food strategic plan,

which focuses on food security, agribusiness

for social impact and emphasizing impact measurement.

development, climate smart technologies

and export expansion.

The OPEC Fund & Jamaica

Example The Primary Education Support Project was signed in 2001 for the renovation of local schools and for strengthening local capacity in school administration, management and planning. The OPEC Fund contributed US$4 million to an upgrade of the curricula, the development of new learning materials and the introduction of professional development schemes for teachers. To date, the OPEC Fund has approved 24 loans in the public and private sectors for US$235.6 million in Jamaica. The OPEC Fund has also provided US$210,000 for two national grants supporting capacity building and age care.

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