OPEC Fund for International Development
E45494
The OPEC Fund for International Development is a multilateral development finance institution that provides loans, grants, and technical assistance to support economic and social progress in developing countries.
Aliases (1)
- OPEC Fund ×1
Statements (48)
| Predicate | Object |
|---|---|
| instanceOf |
intergovernmental organization
→
multilateral development finance institution → |
| abbreviation |
OFID
→
|
| beneficiary |
developing countries
→
low-income countries → middle-income countries → |
| continent |
Europe
→
|
| cooperatesWith |
United Nations agencies
→
World Bank → regional development banks → |
| foundedBy |
Organization of the Petroleum Exporting Countries
→
|
| foundingOrganization |
OPEC
→
|
| fundingSource |
OPEC member countries
→
reflows from its operations → |
| grantsTo |
public sector entities in developing countries
→
|
| hasFocusArea |
agriculture
→
climate-related projects → education → energy → financial sector development → health → infrastructure → private sector development → transport → water and sanitation → |
| hasGlobalReach |
true
→
|
| headquartersCountry |
Austria
→
|
| headquartersLocation |
Vienna
→
|
| inception |
1976
→
|
| legalForm |
international organization
→
|
| loansTo |
private companies in developing countries
→
sovereign governments → state-owned enterprises → |
| memberOf |
Arab Coordination Group
→
|
| officialLanguage |
English
→
|
| purpose |
promote economic development in developing countries
→
strengthen financial cooperation between OPEC member countries and other developing countries → support social progress in developing countries → |
| sector |
development finance
→
international development → |
| service |
grants
→
private sector financing → project finance → sovereign loans → technical assistance → trade finance → |
| shortName |
OPEC Fund
→
|
| website |
https://www.opecfund.org
→
|
Referenced by (3)
| Subject (surface form when different) | Predicate |
|---|---|
|
Arab Fund for Economic and Social Development
→
|
cooperatesWith |
|
OPEC
→
|
hasSubOrganization |
|
OPEC Fund for International Development
("OPEC Fund")
→
|
shortName |