OPEC Fund

Every cup of coffee has a story. This one begins in the birthplace of Coffea arabica. ☕

When the Teppi Green Coffee Estate planned its first expansion in the mid-1980s, an OPEC Fund loan helped make it possible. The financing supported the expansion of high-quality coffee production across 5,000 hectares, while also investing in the roads, water and power services, processing stations, equipment, technical assistance and training needed to support long-term growth.

Today, Ethiopia produces around five percent of the world's coffee on more than 700,000 hectares of land. The coffee economy supports the livelihoods of more than 15 million people, including more than four million smallholder farmers directly involved in the sector. 🇪🇹

Discover this story and more in the OPEC Fund's 50th Anniversary Book: bit.ly/4pROwzl

From the future of global trade to the climate crisis and private sector development, the latest edition of the explores some of the most pressing issues shaping development today. 🌐

This edition also takes readers inside the OPEC Fund, with a special review of our Golden Jubilee Development Forum, an interview with Vice President Khalid Khadduri on the future of our Private Sector operations, and insights from Director, Strategic Planning Adebayo Babalola on the latest ODI report on the future of multilateral development banks.

You'll also find an interview with Barbados Prime Minister HE Mia Amor Mottley on the new Vulnerability to Viability (V2V) Compact launched at the , our cover story on the global fertilizer crunch, and a conversation with Austrian economist Annina Kaltenbrunner on strengthening the position of developing economies in global trade.

➡️ Read the latest edition: bit.ly/OFQ20263

Turning climate priorities into investment-ready projects takes strong partnerships. 🤝

The OPEC Fund is helping Pacific Island countries develop well-prepared, financeable projects that can attract the investment needed to support climate action across the region.

Co-financed by the OPEC Fund and convened by the Pacific Islands Forum Secretariat, the Climate Finance Access and Mobilization Strategy Preparatory and Prioritization Workshop in Nadi, Fiji, brought together governments, development partners and financial institutions to advance a coordinated pipeline of national and regional climate investments. 🇫🇯

“The countries of the region have clearly articulated their climate priorities. The next step is to turn them into well-prepared, financeable projects with credible implementation arrangements and appropriate financing structures,” said our Senior Climate Change Specialist, Valerie Herzog.

➡️ Read more: bit.ly/4x3N8M8

In 1976, during a time of significant global shifts, 13 nations decided to pool their resources and act together to support fellow developing countries. That act of solidarity became the OPEC Fund.

This story and more in the OPEC Fund 50th Anniversary Book: https://bit.ly/4bhg0YR

US$1.5 billion to accelerate digital transformation in developing countries. 🌐

Digital transformation is about more than technology. It is about helping countries build the foundations, systems and capabilities they need to compete, grow and deliver better services.

Through 2030, we are committing US$1.5 billion to advance digital development across our partner countries.

Announced at the , our Digital Acceleration Action Plan marks a major expansion of our support for digital development and establishes digital transformation as our third cross-cutting priority alongside climate action and food security.

➡️ Discover the OPEC Fund's Digital Acceleration Action Plan: bit.ly/OPECFundDTAP

At the OPEC Fund, our past shapes who we are today and inspires who we can become tomorrow. 💡

In our fourth decade, we placed at the heart of development while continuing to broaden our support across , , and , and institutional partnerships. We launched the Energy for the Poor initiative, signed our first teacher training, geothermal and wind energy projects, supported clean cooking and water supply, and established the Young Professional Development Program. The decade culminated in the OPEC Fund’s 40th anniversary, marking four decades of partnership and impact.

As we mark 50 years of the OPEC Fund, we look back at the milestones and moments that have shaped half a century of service to countries most in need. While the institution has evolved, one principle has remained constant: solidarity. The same commitment that stood at the birth of the OPEC Fund continues to guide our work today. 🤝

➡️ Discover the full timeline of fifty years of commitment, dedication and achievements: bit.ly/45PzlOc

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