Tag : multilateral funding

News

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

omandailynews.com
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...
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....