Tag : multilateral funding

News

FAO backs $3.9bn GEF-9 funding for food security

omandailynews.com
SAMARKAND, UZBEKISTAN / MENA Newswire / — The Food and Agriculture Organization (FAO) of the United Nations welcomed the ninth replenishment of the Global Environment Facility, saying initial pledges of $3.9 billion will support agriculture, climate and food security solutions. The funding cycle, known as GEF-9, covers 2026 to 2030. It......
Business

OPEC Fund commits $2bn to boost Africa’s development

omandailynews.com
VIENNA, December 25, 2025: The OPEC Fund for International Development announced a new co-financing commitment of up to US$2 billion with the African Development Fund (ADF) for the period 2026 to 2030, reaffirming its ongoing financial support for Africa’s economic and social development. The agreement was disclosed by OPEC Fund President Abdulhamid Alkhalifa......