OPEC Fund for International Development: $3.2 billion to finance development projects in 2025
Vienna, 5 March / WAM / The OPEC Fund for International Development said that it has allocated $3.2 billion to finance development projects and operations during the year 2025, recording the highest annual level in the Fund’s history, with an increase of 39% compared to an annual basis.
The statement, issued by the Fund’s headquarters in the Austrian capital, Vienna, on the occasion of the OPEC Fund’s celebration of the fiftieth anniversary of its founding, confirmed that the results reflect a strong performance in light of the increasing demand for financing development projects, and the growing role of the OPEC Fund in supporting partner countries, with the aim of enhancing economic flexibility, filling critical gaps in infrastructure, enhancing food security, facilitating access to energy, and addressing challenges related to climate change.
Dr. Abdul Hamid Al-Khalifa, Director General of the OPEC Fund, pointed out that the results of last year, 2025, show the expansion of the scope of the Fund’s operations. He said: The results reflect the increased confidence of our partners and the confidence of member states and investors. He explained that the Fund focuses on providing financing that responds quickly and achieves a sustainable impact on individuals and societies.
OPEC Fund data showed that the year 2025 witnessed the signing of 35 agreements for the benefit of the public sector, which supported government reforms, investment in infrastructure, the provision of basic services, and support for global trade, as well as 26 agreements for the private sector, with the aim of promoting private sector growth, creating job opportunities, and financing trade. The Fund also provided 15 grants worth about $7 million, to support humanitarian aid, provide energy, and support priority social sectors.
The Fund’s statement explained that the 2025 commitments witnessed a focus on the regions facing the most severe development needs, as the East and Southern Africa and West and Central Africa regions accounted for the largest share, with a value of about $1.2 billion, representing 36% of the total funding, to support infrastructure, economic flexibility, and basic services.
The Middle East, Europe and Central Asia region received about $849 million, representing about 26%, while the share of Latin America and the Caribbean amounted to about $556 million, representing 17%, while Asia and the Pacific received about $491 million, representing 15%. The remaining commitments supported development operations and projects in other provinces and regions.
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