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OPEC Fund for International Development
The OPEC Fund for International Development was established in 1976. It operates as a multilateral institution owned by OPEC member states. The fund deploys...
OPEC Fund for International Development
The OPEC Fund for International Development was established in 1976. It operates as a multilateral institution owned by OPEC member states. The fund deploys capital across energy, infrastructure and financial services. Confirmed positions include Energy Access Ventures Fund, Emerging Africa Infrastructure Fund and ETC Group. Geographic focus covers Sub-Saharan Africa and other regions in Asia and Latin America. It participates as limited partner in funds and as direct owner in operating businesses. The fund maintains 25 enriched network items including three headquarters properties in Vienna. It sponsored COP28 in 2023 and spoke at COP29 in 2024 on climate finance. The OPEC Fund Grant Program provides technical assistance and emergency aid. Ownership structure rests with OPEC member states, with Saudi Arabia as largest shareholder. This creates a distinct mandate tied to South-South cooperation rather than private wealth.
General information
Firm type
Government / Public Body
Year founded
1976
Location
Region
Europe
Country
Austria
City
Vienna
Corporate office
Parkring 8, A-1010 Vienna, Austria
Sector focus
Frequently asked questions
Who are the main shareholders of the OPEC Fund for International Development?
OPEC member states own the fund. Saudi Arabia holds the largest share at approximately 35.7 percent.
What asset classes does the OPEC Fund target?
The fund targets energy, infrastructure and financial services. It acts as limited partner in funds and direct owner in operating businesses.
Which regions receive the majority of OPEC Fund deployments?
Sub-Saharan Africa accounts for significant activity through vehicles such as Energy Access Ventures Fund. Additional exposure exists in Asia and other emerging markets.
Does the OPEC Fund maintain grant programs separate from investment activity?
Yes. The OPEC Fund Grant Program provides technical assistance, emergency aid and research funding to non-member developing countries since 1976.
Which institutions does the OPEC Fund partner with on co-financing?
The fund maintains over 120 projects with the African Development Bank. It also partners frequently with the World Bank Group.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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