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The OPEC Fund
for International
Development
  1. Operations
  2. Countries A-Z
  3. Africa

Operations

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Africa

Approvals by Focus Area

Total approvals: US$ 13,170.06m

  • Financial
  • Transportation
  • Agriculture
  • Energy
  • Multisectoral
  • Water & Sanitation
  • Education
  • Health
  • Industry
  • Telecom
  • Infrastructure
Amounts under US$.09m may not be reflected in this chart.

Approvals by Financing Types

Total approvals: US$ 13,170.06m

Public Sector 65.61 %
Private Sector & Trade Finance 32.77 %
Grants 1.61 %

Africa’s steady economic growth and positive socioeconomic indicators continue to improve. However, these are yet to translate into benefits and opportunities for Africans and are reflected in human development remaining at the lowest average level compared to other regions in the world.

The vast majority of African countries remains in the UNDP’s Low Human Development group. Persistent inequality,poverty  and inequity in access to social services and economic opportunities, particularly for youth, the aged, persons with disabilities  and women, are creating deficits in human development, and slowing progress toward achieving development and democracy goals.

Despite this discouraging backdrop, Africa’s transformation varies between countries and the outlook for meeting the SDGs is improving. Recent strong growth has underpinned an expansion of social investments, which in turn has led to improvements in livelihoods, reflected in rising universal primary education, falling under-five mortality rates, a reduction in adolescent birth rates and expansion of female labor participation.

The OPEC Fund's footprint in the Africa region extends to 53 countries.  In 2019, the OPEC Fund approved US$944.6m to 19 countries - the lion's share supporting the energy (US$287.7m), agriculture (US$189.9m),  transportation (US$146m) and financial (US$100m) sectors. 

Operations

Horticulture Enterprise Enhancement Project (HEEP)

Approved
14.09.2023
Country
Zimbabwe
Focus Area
Agriculture
Status
Ongoing

Fourth Line of Credit to Uganda Development Bank

Approved
14.09.2023
Country
Uganda
Focus Area
Financial
Status
Ongoing

Expansion of Karenge Water Supply Project

Approved
14.09.2023
Country
Rwanda
Focus Area
Water & Sanitation
Status
Ongoing

Beneficiary Countries

  • Angola
  • Benin
  • Botswana
  • Burkina Faso
  • Burundi
  • Cabo Verde
  • Cameroon
  • Central African Republic
  • Chad
  • Comoros
  • Congo Republic
  • Congo, DR
  • Côte d'Ivoire
  • Djibouti
  • Egypt
  • Equatorial Guinea
  • Eritrea
  • Eswatini (formerly Swaziland)
  • Ethiopia
  • Gambia
  • Ghana
  • Guinea
  • Guinea Bissau
  • Kenya
  • Lesotho
  • Liberia
  • Madagascar
  • Malawi
  • Mali
  • Mauritania
  • Mauritius
  • Morocco
  • Mozambique
  • Namibia
  • Niger
  • Rwanda
  • Sao Tome & Principe
  • Senegal
  • Seychelles
  • Sierra Leone
  • Somalia
  • Sudan
  • Tanzania
  • Togo
  • Tunisia
  • Uganda
  • Zambia
  • Zimbabwe
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Stories and videos

Boosting regional integration and international trade in Africa

Stories

Financing infrastructure for Africa’s post-COVID-19 recovery

Stories

US$20m boost for SMEs in East Africa

Stories

New cooperation agreement strengthens private sector development across the continent

Focus on Africa

Stories

Operations

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