03/06/2026
The OPEC Fund has signed its first loan agreement with South Africa. 🇿🇦
Through a US$150 million policy-based loan, we are supporting reforms to improve infrastructure services in the energy and transport sectors and advance the country’s low-carbon and just transition agenda.
The financing will help address key infrastructure bottlenecks, strengthen long-term energy security and improve freight transport systems that are critical for domestic and international trade.
“This first loan agreement with South Africa marks an important milestone. Reliable energy and efficient transport are essential for growth, competitiveness and job creation. With this financing, the OPEC Fund is supporting reforms that strengthen infrastructure services, expand opportunities for private investment and contribute to a more resilient, low-carbon economy,” said our President Dr. Abdulhamid Alkhalifa. 🤝
🔗 For more information: bit.ly/49Cg1G8