OFIDOPEC Fund for International Development
OFIDOther Financial Institutions Department (est. 2001; Central Bank of Nigeria)
OFIDOptical Frequency Interval Divider
References in periodicals archive ?
The US$15 million loan agreement was signed by OFID Director-General Suleiman J Al-Herbish and Patrick Anthony Chinamasa, Minister of Finance and Economic Development of Zimbabwe.
OFID supported the production of the Report with a grant that also helped fund the participation of 30 delegates from developing countries at the 2017 IWA Development Congress and Exhibition.
Under the agreements, he said, the money coming from the OFID will be apportioned into $30 million of loan as additional funding for the construction of Lebukhali Bridge over the Payra River and $30 million to be used to meet an extra cost of SASEC Road Connectivity Project.
But OFID recognised, like many others, that energy poverty is part and parcel of poverty itself.
OFID is one of many donors responding to this appeal.
OFID is a development fund active in more than 130 developing countries around the world, provided their commitment to abide with international laws and regulations.
To date, OFID has approved over $68 million for ten public sector projects.
In his own statement to the council, OFID director-general Suleiman Al Herbish highlighted the OFID's rising influence in the global development arena.
Since 1976, the total development aid to Yemen reached US$280 million, financing 21 projects in various economic sectors", the OFID official said.
Petrus Du Pisani Organising Committee chairman said this OFID sponsorship allows experts from the Southern African region and abroad to come and share knowledge.
Sudan and OFID have reportedly been partners since 1976.
Chairman of the Ministerial Council of the OPEC Fund for International Development (OFID), HE Mr Yousef Hussain Kamal, today awarded Malala Yousafzai with the 2013 OFID Annual Award for Development in appreciation of her fearless struggle to uphold the right of girls and women in the Swat Valley of Pakistan to receive an education.