"OPEC Fund" Develop development projects in Mauritania

Vienna on February 2 / WAM / The OPEC International Fund “OPEC Fund” signed a partnership agreement with Mauritania to cooperate in implementing major development initiatives during the period 2025-2027, and $ 120 million has been allocated to finance projects that focus on development priorities in the country.

The fund said in a statement, issued in Vienna, that the fund’s financing covers vital projects that include promoting renewable energy, providing clean water, achieving food security, improving transportation, and promoting clean cooking technologies. The OPEC fund also pledged to provide grants of $ 500,000 to support capacity building And provide technical assistance.

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