Finance: OPEC Fund approves $890 million including about $290 million for Africa

The OPEC Fund for International Development approved a total of $890 million in financing on March 24, 2026 during its 195th Governing Board meeting (official source: OPEC Fund). Around $290 million is allocated to Africa, including $170 million for Botswana, $30 million for Liberia and $50 million for Sierra Leone, along with a $200,000 grant. The funding targets infrastructure, economic reforms and agricultural development.