OPEC Fund for International Development (OFID)
Type
investor
Founded
1976
Funding Rounds
0
Portfolio companies
0
About OPEC Fund for International Development (OFID)
The OPEC Fund for International Development (the OPEC Fund) is a premier multilateral development finance institution established in 1976 by the member countries of the Organization of the Petroleum Exporting Countries (OPEC). Operating as a dedicated channel of South-South development cooperation, the institution extends financial assistance to non-OPEC developing nations to drive sustainable socioeconomic growth, optimize structural productivity, and alleviate poverty globally.