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Overview
| Donor: | OPEC Fund for International Development (OFID) |
| Application procedure: | Full Proposal |
| Donor base: | Austria |
| Reference number: | - |
| Eligible applicants: | Non-Profit Organisation |
| Deadline: | ongoing |
Financial details
| Grant size: | Medium - up to $1,000,000 |
| Minimum grant size: | - |
| Total available budget: | - |
| Funding type: | Grants |
| Maximum grant size: | - |
| Funding ratio: | Co-funding required |
Sectors
- Agriculture & Rural Development
- Capacity Building
- Children & Youth
- Economic Development
- Education
- Energy
- Food Security
- Health
- Humanitarian Aid
- Research, Technology & Innovation
- Water & Sanitation
Project Locations
Africa
Angola, Benin, Botswana, Burkina Faso, Burundi, Cameroon, Cape Verde, Central African Republic, Chad, Comoros, Democratic Republic of the Congo, Djibouti, Egypt, Equatorial Guinea, Eritrea, Eswatini, Ethiopia, Gambia, Ghana, Guinea, Guinea Bissau, Ivory Coast, Kenya, Lesotho, Liberia, Madagascar, Malawi, Mali, Mauritania, Mauritius, Morocco, Mozambique, Namibia, Niger, Republic of the Congo, Rwanda, Sao Tome and Principe, Senegal, Seychelles, Sierra Leone, Somalia, Sudan, Tanzania, Togo, Tunisia, Uganda, Zambia, Zimbabwe
America
Antigua and Barbuda, Argentina, Barbados, Belize, Bolivia, Colombia, Costa Rica, Cuba, Dominica, Dominican Republic, El Salvador, Grenada, Guatemala, Guyana, Haiti, Honduras, Jamaica, Nicaragua, Panama, Paraguay, Peru, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Suriname
Asia
Afghanistan, Azerbaijan, Bangladesh, Cambodia, China, India, Jordan, Kazakhstan, Korea, Kyrgyzstan, Laos, Lebanon, Maldives, Mongolia, Myanmar, Nepal, Palestine, Philippines, Sri Lanka, Syria, Tajikistan, Thailand, Turkey, Turkmenistan, Uzbekistan, Vietnam, Yemen
Europe
Albania, Armenia, Bosnia and Herzegovina, Georgia, Kosovo, North Macedonia
Pacific
Papua New Guinea, Samoa, Solomon Islands, Tonga
Description
1) Objective
The OPEC Fund for International Development (OFID) is a development finance institution established by the Member States of OPEC in 1976 as a collective channel of aid to the developing countries. OFID works in cooperation with developing country partners and the international donor community to stimulate economic growth and alleviate poverty in all disadvantaged regions of the world.
Their grant program focuses on Health; Agriculture; Education; Energy; Water & Sanitation; Industry; Transportation; Telecom; and Financial. The Grant Program has been reviewed and revised. Going forward from 2021, its focus and scope more closely aligns with the OPEC Fund’s strategic goals and priorities.
Eligible activities for grant financing include:
- Institutional capacity building and technical assistance:
- Knowledge production (sector and thematic studies) and dissemination in OPEC Fund priority sectors;
- Project preparation;
- Grant components of larger OPEC Fund Funded projects (e.g. training, procurement of small equipment, initial stock of medicine for a hospital, or textbooks for a school, and small infrastructure):
- Advocacy/outreach activities.
2) Eligibility
Eligible partners are any government or non-government entity, including co financing partners, private sector entities, research entities, UN agencies and international NGOs.
3) Location
Developing countries worldwide with a focus on least developed countries are eligible. Africa and Palestine are the best funded regions.
4) Budget
The amount of OPEC Fund contribution will vary according to the scope and the nature of the proposed grant activity or project. However, and with the exception of emergency aid and small grants in amounts of up to US$100,000, OPEC Fund’s contribution to a stand-alone project should not exceed 50% of the total cost of the said project. This contribution should also be matched by an at least equal amount of grant financing provided by the project sponsor and/or other co financiers. The co-financing should be either confirmed or available before final approval of the requested grant by the relevant OPEC Fund authority.
5) Application
Applicants must complete a grant application form (can be downloaded from their website) and include their organisation’s registration certificate. The application can be submitted either electronically via email to Spes-GTA(a)opecfund.org or by fax. There is no set application deadline. Some of the smaller grants in support of research and intellectual pursuits are approved on an ad hoc basis. The larger technical assistance grant proposals are presented at OFID’s Governing Board meetings held four times per year.