Inter Press ServiceOFID signs loan agreements to help strengthen food security in Cote d’Ivoire, Malawi https://www.ipsnews.net/2018/08/ofid-signs-loan-agreements-help-strengthen-food-security-cote-divoire-malawi/ News and Views from the Global South Thu, 30 Apr 2026 13:46:43 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.3 OFID signs loan agreements to help strengthen food security in Cote d’Ivoire, Malawi https://www.ipsnews.net/2018/08/ofid-signs-loan-agreements-help-strengthen-food-security-cote-divoire-malawi/ https://www.ipsnews.net/2018/08/ofid-signs-loan-agreements-help-strengthen-food-security-cote-divoire-malawi/#respond Fri, 24 Aug 2018 10:29:26 +0000 WAM http://www.ipsnews.net/?p=157338 By WAM
VIENNA, Aug 24 2018 (WAM)

The OPEC Fund for International Development (OFID) has signed public sector loan agreements with Cote d’Ivoire and Malawi to help boost socio-economic development and living standards.

The agreements, totaling US$34 million, were signed by OFID Director-General Suleiman J Al-Herbish and Roger A Kacou, Ambassador of Cote d’Ivoire to Austria, and Michael B Kamphambe Nkhoma, Ambassador of Malawi to Germany, OFID said in a statement.

Al-Herbish said the loan represented OFID’s third involvement in helping strengthen the country’s water sector, which supports the government’s 2016-2022 Growth and Development Strategy with the view to reduce poverty through sustainable economic growth and infrastructure development.

WAM/Hatem Mohamed

]]> https://www.ipsnews.net/2018/08/ofid-signs-loan-agreements-help-strengthen-food-security-cote-divoire-malawi/feed/ 0