OFID supports fisheries project in Mozambique

OFID has signed a US$12 million loan agreement with Mozambique to co-finance a project aimed at strengthening artisanal and industrial fishing to boost food security and improve living standards.
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OFID supports power generation in Armenia via US$25m loan

OFID has signed a loan of more than US$25m with ArmPower to help expand and diversify power generation sources developed by the private sector in Armenia. ArmPower is a special purpose company owned by Renco Power (owned by Italian Renco Spa and Simest Spa) and Siemens Project Ventures (part of German Siemens Financial Services).
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