{"id":9995,"date":"2020-10-06T10:30:00","date_gmt":"2020-10-06T08:30:00","guid":{"rendered":"https:\/\/www.ecomnewsmed.com\/afrique\/2020\/10\/06\/africa-opec-to-fund-20-million-in-aid-for-smes-in-east-african-countries\/"},"modified":"2020-10-06T10:30:00","modified_gmt":"2020-10-06T08:30:00","slug":"africa-opec-to-fund-20-million-in-aid-for-smes-in-east-african-countries","status":"publish","type":"news","link":"https:\/\/ecomnewsafrique.com\/en\/2020\/10\/06\/africa-opec-to-fund-20-million-in-aid-for-smes-in-east-african-countries\/","title":{"rendered":"Africa : OPEC to fund $ 20 million in aid for SMEs in East African countries"},"content":"The OPEC Fund for International Development (OFID) will disburse $ 20 million to the countries of East Africa. That&#8217;s what the institution said in a statement released this week.\nThe new funding aims to help small and medium-sized enterprises (SMEs) in countries in the region. Granted through the East African Development Bank (EADB), it will provide loans as part of a strategy aimed at strengthening the development of the private sector which has been greatly affected this year by the crisis in Africa. coronavirus.\nThe funds will also be used to develop infrastructure projects. These will notably improve access to social services, support trade and ultimately provide East Africa with a more competitive business environment.\n\u201cBy financing SMEs, we hope to promote businesses that generate employment opportunities, social economic development and therefore promote regional integration. The SME sector is an essential pillar for sustainable economic growth, as it is the backbone of the economies of the EADB member countries, \u201dsaid Vivienne Yeda (photo), CEO of the Bank.\nNote that this loan is the third of its kind granted by OFID to EADB in the context of support for SMEs.\nSource Ecofin Agency\n","author":15,"featured_media":9996,"comment_status":"open","ping_status":"open","template":"","tags":[631],"location":[505],"class_list":["post-9995","news","type-news","status-publish","has-post-thumbnail","hentry","tag-financial","location-africa"],"short_url":"https:\/\/bit.ly\/3mnPcur","have_related_news":null,"chapo":"OFID, OPEC's Financial arm in charge of development aid, will provide $ 20 million in aid to countries in East Africa. Thanks to loans granted through the EADB, the new funds will help support SMEs and implement infrastructure projects.","media":{"src":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/sites\/4\/2020\/11\/120845082_2409970005978782_3873449849973765029_n-550x360.png","srcset":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/sites\/4\/2020\/11\/120845082_2409970005978782_3873449849973765029_n-550x360.png 550w","sizes":"550px","alt":"","width":550,"height":360,"ratio":0.66,"credit_photo":""},"media-news-header":{"src":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/sites\/4\/2020\/11\/120845082_2409970005978782_3873449849973765029_n.png","srcset":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/sites\/4\/2020\/11\/120845082_2409970005978782_3873449849973765029_n.png 1170w","sizes":"1170px","alt":"","width":1170,"height":658,"ratio":0.66,"credit_photo":""},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Africa : OPEC to fund $ 20 million in aid for SMEs in East African countries - Ecomnews Afrique<\/title>\n<meta name=\"description\" content=\"The OPEC Fund for International Development (OFID) will disburse $ 20 million to the countries of East Africa. That&#039;s what the institution said in a\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ecomnewsafrique.com\/en\/2020\/10\/06\/africa-opec-to-fund-20-million-in-aid-for-smes-in-east-african-countries\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Africa : OPEC to fund $ 20 million in aid for SMEs in East African countries - Ecomnews Afrique\" \/>\n<meta property=\"og:description\" content=\"The OPEC Fund for International Development (OFID) will disburse $ 20 million to the countries of East Africa. That&#039;s what the institution said in a\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ecomnewsafrique.com\/en\/2020\/10\/06\/africa-opec-to-fund-20-million-in-aid-for-smes-in-east-african-countries\/\" \/>\n<meta property=\"og:site_name\" content=\"Ecomnews Afrique\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ecomnewsafrique.com\/app\/uploads\/sites\/4\/2020\/11\/120845082_2409970005978782_3873449849973765029_n.png\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"478\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/ecomnewsafrique.com\\\/en\\\/2020\\\/10\\\/06\\\/africa-opec-to-fund-20-million-in-aid-for-smes-in-east-african-countries\\\/\",\"url\":\"https:\\\/\\\/ecomnewsafrique.com\\\/en\\\/2020\\\/10\\\/06\\\/africa-opec-to-fund-20-million-in-aid-for-smes-in-east-african-countries\\\/\",\"name\":\"Africa : OPEC to fund $ 20 million in aid for SMEs in East African countries - Ecomnews Afrique\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ecomnewsafrique.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/ecomnewsafrique.com\\\/en\\\/2020\\\/10\\\/06\\\/africa-opec-to-fund-20-million-in-aid-for-smes-in-east-african-countries\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/ecomnewsafrique.com\\\/en\\\/2020\\\/10\\\/06\\\/africa-opec-to-fund-20-million-in-aid-for-smes-in-east-african-countries\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.ecomnewsmed.com\\\/app\\\/uploads\\\/sites\\\/4\\\/2020\\\/11\\\/120845082_2409970005978782_3873449849973765029_n.png\",\"datePublished\":\"2020-10-06T08:30:00+00:00\",\"description\":\"The OPEC Fund for International Development (OFID) will disburse $ 20 million to the countries of East Africa. That's what the institution said in a\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/ecomnewsafrique.com\\\/en\\\/2020\\\/10\\\/06\\\/africa-opec-to-fund-20-million-in-aid-for-smes-in-east-african-countries\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/ecomnewsafrique.com\\\/en\\\/2020\\\/10\\\/06\\\/africa-opec-to-fund-20-million-in-aid-for-smes-in-east-african-countries\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/ecomnewsafrique.com\\\/en\\\/2020\\\/10\\\/06\\\/africa-opec-to-fund-20-million-in-aid-for-smes-in-east-african-countries\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.ecomnewsmed.com\\\/app\\\/uploads\\\/sites\\\/4\\\/2020\\\/11\\\/120845082_2409970005978782_3873449849973765029_n.png\",\"contentUrl\":\"https:\\\/\\\/www.ecomnewsmed.com\\\/app\\\/uploads\\\/sites\\\/4\\\/2020\\\/11\\\/120845082_2409970005978782_3873449849973765029_n.png\",\"width\":720,\"height\":478},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/ecomnewsafrique.com\\\/en\\\/2020\\\/10\\\/06\\\/africa-opec-to-fund-20-million-in-aid-for-smes-in-east-african-countries\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Accueil\",\"item\":\"https:\\\/\\\/ecomnewsafrique.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Articles\",\"item\":\"https:\\\/\\\/ecomnewsafrique.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Africa : OPEC to fund $ 20 million in aid for SMEs in East African countries\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/ecomnewsafrique.com\\\/#website\",\"url\":\"https:\\\/\\\/ecomnewsafrique.com\\\/\",\"name\":\"Ecomnews Afrique\",\"description\":\"Toute l&#039;information \u00e9conomique des pays d&#039;Afrique\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/ecomnewsafrique.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Africa : OPEC to fund $ 20 million in aid for SMEs in East African countries - Ecomnews Afrique","description":"The OPEC Fund for International Development (OFID) will disburse $ 20 million to the countries of East Africa. That's what the institution said in a","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ecomnewsafrique.com\/en\/2020\/10\/06\/africa-opec-to-fund-20-million-in-aid-for-smes-in-east-african-countries\/","og_locale":"en_US","og_type":"article","og_title":"Africa : OPEC to fund $ 20 million in aid for SMEs in East African countries - Ecomnews Afrique","og_description":"The OPEC Fund for International Development (OFID) will disburse $ 20 million to the countries of East Africa. That's what the institution said in a","og_url":"https:\/\/ecomnewsafrique.com\/en\/2020\/10\/06\/africa-opec-to-fund-20-million-in-aid-for-smes-in-east-african-countries\/","og_site_name":"Ecomnews Afrique","og_image":[{"width":720,"height":478,"url":"https:\/\/ecomnewsafrique.com\/app\/uploads\/sites\/4\/2020\/11\/120845082_2409970005978782_3873449849973765029_n.png","type":"image\/png"}],"twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/ecomnewsafrique.com\/en\/2020\/10\/06\/africa-opec-to-fund-20-million-in-aid-for-smes-in-east-african-countries\/","url":"https:\/\/ecomnewsafrique.com\/en\/2020\/10\/06\/africa-opec-to-fund-20-million-in-aid-for-smes-in-east-african-countries\/","name":"Africa : OPEC to fund $ 20 million in aid for SMEs in East African countries - Ecomnews Afrique","isPartOf":{"@id":"https:\/\/ecomnewsafrique.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ecomnewsafrique.com\/en\/2020\/10\/06\/africa-opec-to-fund-20-million-in-aid-for-smes-in-east-african-countries\/#primaryimage"},"image":{"@id":"https:\/\/ecomnewsafrique.com\/en\/2020\/10\/06\/africa-opec-to-fund-20-million-in-aid-for-smes-in-east-african-countries\/#primaryimage"},"thumbnailUrl":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/sites\/4\/2020\/11\/120845082_2409970005978782_3873449849973765029_n.png","datePublished":"2020-10-06T08:30:00+00:00","description":"The OPEC Fund for International Development (OFID) will disburse $ 20 million to the countries of East Africa. That's what the institution said in a","breadcrumb":{"@id":"https:\/\/ecomnewsafrique.com\/en\/2020\/10\/06\/africa-opec-to-fund-20-million-in-aid-for-smes-in-east-african-countries\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ecomnewsafrique.com\/en\/2020\/10\/06\/africa-opec-to-fund-20-million-in-aid-for-smes-in-east-african-countries\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ecomnewsafrique.com\/en\/2020\/10\/06\/africa-opec-to-fund-20-million-in-aid-for-smes-in-east-african-countries\/#primaryimage","url":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/sites\/4\/2020\/11\/120845082_2409970005978782_3873449849973765029_n.png","contentUrl":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/sites\/4\/2020\/11\/120845082_2409970005978782_3873449849973765029_n.png","width":720,"height":478},{"@type":"BreadcrumbList","@id":"https:\/\/ecomnewsafrique.com\/en\/2020\/10\/06\/africa-opec-to-fund-20-million-in-aid-for-smes-in-east-african-countries\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Accueil","item":"https:\/\/ecomnewsafrique.com\/"},{"@type":"ListItem","position":2,"name":"Articles","item":"https:\/\/ecomnewsafrique.com\/news\/"},{"@type":"ListItem","position":3,"name":"Africa : OPEC to fund $ 20 million in aid for SMEs in East African countries"}]},{"@type":"WebSite","@id":"https:\/\/ecomnewsafrique.com\/#website","url":"https:\/\/ecomnewsafrique.com\/","name":"Ecomnews Afrique","description":"Toute l&#039;information \u00e9conomique des pays d&#039;Afrique","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ecomnewsafrique.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/ecomnewsafrique.com\/en\/wp-json\/wp\/v2\/news\/9995","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ecomnewsafrique.com\/en\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/ecomnewsafrique.com\/en\/wp-json\/wp\/v2\/types\/news"}],"author":[{"embeddable":true,"href":"https:\/\/ecomnewsafrique.com\/en\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/ecomnewsafrique.com\/en\/wp-json\/wp\/v2\/comments?post=9995"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ecomnewsafrique.com\/en\/wp-json\/wp\/v2\/media\/9996"}],"wp:attachment":[{"href":"https:\/\/ecomnewsafrique.com\/en\/wp-json\/wp\/v2\/media?parent=9995"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ecomnewsafrique.com\/en\/wp-json\/wp\/v2\/tags?post=9995"},{"taxonomy":"location","embeddable":true,"href":"https:\/\/ecomnewsafrique.com\/en\/wp-json\/wp\/v2\/location?post=9995"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}