OPEC Fund Quarterly - 2022 Q4

NEW DEVELOPMENT FUNDING

Madagascar US$36.5 million This financing package,

Africa US$40 million This loan to a private sector institution will support

consisting of a loan and a US$1.5 million grant to the National Clean Cooking Transition Program , will provide clean cooking to 200,000 local households and help to replant 1,500 hectares of forest.

the import and export of agricultural commodities and fertilizer across multiple African countries.

West Africa €50 million

PHOTO: Tatsiana Hendzel/ Shutterstock.com

This loan to a regional multilateral development bank will support small and medium-sized enterprises and green energy projects in several West African countries. Tanzania US$60 million

Mauritania US$40 million The loan to the Kiffa Water Supply Project will contribute to financing a water treatment plant, four pumping stations and more than 300 km of pipeline to deliver potable water to the country’s third-

The tranche financing facility in favor of the Benaco-Kyaka Transmission Line Project will support the construction of more than 160 km of transmission lines

largest city Kiffa and the surrounding rural areas.

and a substation to deliver reliable

Niger US$25 million The loan will support an operation to connect 80,000 households to the national electrical grid through the construction and integration of a 10 MWp solar photovoltaic plant. The OPEC Fund will also co-finance the construction of electrical transmission lines in the southern region of the country and in the capital city Niamey.

energy services from the national grid to the northwestern region of the country.

Uzbekistan US$20 million

This private sector loan will contribute to the financing of a 500 MW wind farm and 160 km of transmission lines , helping the country modernize its energy infrastructure. Uzbekistan

Africa US$50 million The loan to a regional multilateral development bank will bolster infrastructure projects in countries across the continent.

US$20 million This private sector loan will help finance a 500 MW wind farm and 128 km of transmission lines .

PHOTO: Daniel M Ernst/ Shutterstock.com

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