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Iraq Bulletin

Tag : OPEC Fund

Business

OPEC Fund commits $2bn to boost Africa’s development

iraqbulletin.co
VIENNA, December 25, 2025: The OPEC Fund for International Development announced a new co-financing commitment of up to US$2 billion with the African Development Fund (ADF) for the period 2026 to 2030, reaffirming its ongoing financial support for Africa’s economic and social development....
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OPEC Fund grants €50M loan to boost Türkiye’s green transition

iraqbulletin.co
The OPEC Fund for International Development has signed a €50 million loan agreement with the Industrial Development Bank of Türkiye (TSKB) to accelerate investments in Türkiye’s green transformation. The financing will support projects in renewable energy, energy efficiency, climate adaptation,...