NEW DEVELOPMENT FUNDING


OVER RECENT MONTHS, THE OPEC FUND HAS SIGNED THE FOLLOWING LOANS TO SUPPORT SUSTAINABLE DEVELOPMENT OPERATIONS ACROSS THE GLOBE...


Rwanda US$20m


Rwanda Universal Energy Access Project. To install 520 transformers and 1,600 km of power lines, increasing access to energy for around 270,000 people in the Muhanga, Kamonyi and Gakenke districts.


PHOTO: JS Gordon-Moran/Shutterstock.com Burundi US$20m


Agricultural Production Intensification and Vulnerability Reduction Project in Burundi. To improve food security, expand access to marketplaces and social services, and strengthen the resilience of agricultural production systems, benefiting more than 700,000 people in the central plateau region.


KEY Tanzania Agriculture Education Energy 44 Health Roads/Infrastructure Water US$50m


Tanzania Fourth Poverty Reduction Project. To build rural infrastructure for education, health, water, agriculture and transportation, and create income- generating activities in animal husbandry and vegetable growing, in addition to employment opportunities. The project is expected to benefit more than 900,000 people.


PHOTO: Kimrawicz/Shutterstock.com


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