OPEC Fund Celebrates 50th Anniversary with Historic Development Financing

The OPEC Fund for International Development marked a milestone in 2025 by committing a record US$3.2 billion to development projects, marking a 39% increase from the previous year. This historic achievement comes as the organization enters its 50th anniversary, highlighting its growing role in aiding development globally.

The financing efforts were spread across 76 operations, focusing on boosting economic resilience, infrastructure improvements, food security, energy access, and climate change mitigation. These efforts were implemented through public and private sector operations, as well as grants aimed at humanitarian assistance and energy access.

In 2025, significant funding went to Sub-Saharan Africa, which received 36% of the total, while the Middle East, Europe, Central Asia, Latin America, and Asia-Pacific also benefited substantially. The OPEC Fund's commitment underscores its dedication to fostering development and improving livelihoods worldwide as it approaches its Golden Jubilee in 2026.