{"id":103776,"date":"2025-06-18T16:37:46","date_gmt":"2025-06-18T16:37:46","guid":{"rendered":"https:\/\/www.africa-press.net\/rwanda\/all-news\/rwanda-opec-fund-sign-300m-deal-for-development-projects"},"modified":"2025-06-18T17:22:06","modified_gmt":"2025-06-18T17:22:06","slug":"rwanda-opec-fund-sign-300m-deal-for-development-projects","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/rwanda\/economy\/rwanda-opec-fund-sign-300m-deal-for-development-projects","title":{"rendered":"Rwanda OPEC Fund Sign $300M Deal for Development Projects"},"content":{"rendered":"

Africa-Press – Rwanda. <\/strong><\/span>Rwanda and OPEC Fund for International Development, an intergovernmental development finance institution of petroleum exporting countries, have signed a $300 million partnership framework to support key sectors including agriculture and food systems, renewable energy, transport and environmental restoration.<\/p>\n

The deal was signed on Tuesday, June 17, in Vienna, Austria during OPEC Development Forum 2025.<\/p>\n

The support in agriculture and food systems will focus on irrigation and post-harvest management while renewable energy focuses on solar power as transport focuses on the aviation sector.<\/p>\n

The OPEC Fund for International Development aims to promote cooperation between OPEC member countries and other developing countries as an expression of South-South solidarity.<\/p>\n

While participating in the driving resource resilience session at the OPEC Development Forum 2025, Yusuf Murangwa, the Minister of Finance and Economic Planning, underscored that Rwanda\u2019s approach to resources, environment, and sustainability is driven by necessity.<\/p>\n

The session explored how integrated approaches to energy, water, and food systems can enhance resource efficiency, climate resilience, and sustainable development in the face of global challenges.<\/p>\n

With a population nearing 600 people per square kilometre, Muranga said, Rwanda is pioneering integrated projects such as rainwater harvesting and solar energy to promote sustainable livelihoods and food security.<\/p>\n

\u201cAnalytical work, cross-sector collaboration, and systematic financing are essential to this effort,\u201d he said.<\/p>\n

He noted that Rwanda\u2019s integrated strategy unites water, energy, and agriculture sectors to maximize impact, with strong support from development partners.<\/p>\n

The 2025 OPEC Forum tackled four high-impact themes: financing development, climate resilience, digital inclusion and sustainable transitions for vulnerable economies.<\/p>\n

Sessions focused on generating actionable ideas and partnerships that can accelerate progress toward the delivery of the Sustainable Development Goals.<\/p>\n

A series of cooperation agreements are expected to be signed to further strengthen South-South partnerships.<\/p>\n

For More News And Analysis About Rwanda<\/span> Follow Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Rwanda. Rwanda and OPEC Fund for International Development, an intergovernmental development finance institution of petroleum exporting countries, have signed a $300 million partnership framework to support key sectors including agriculture and food systems, renewable energy, transport and environmental restoration. The deal was signed on Tuesday, June 17, in Vienna, Austria during OPEC Development […]<\/p>\n","protected":false},"author":84,"featured_media":103775,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15,29,772],"tags":[4661,758],"class_list":["post-103776","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-head-lines","category-to-homepage","tag-opec-fund","tag-rwanda"],"yoast_head":"\nRwanda OPEC Fund Sign $300M Deal for Development Projects - Rwanda<\/title>\n<meta name=\"description\" content=\"Rwanda and OPEC Fund for International Development, an intergovernmental development finance institution of petroleum ex ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/rwanda\/economy\/rwanda-opec-fund-sign-300m-deal-for-development-projects\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Rwanda OPEC Fund Sign $300M Deal for Development Projects\" \/>\n<meta property=\"og:description\" content=\"Rwanda and OPEC Fund for International Development, an intergovernmental development finance institution of petroleum ex ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/rwanda\/economy\/rwanda-opec-fund-sign-300m-deal-for-development-projects\" \/>\n<meta property=\"og:site_name\" content=\"Rwanda\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-18T16:37:46+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-06-18T17:22:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/rwanda\/sites\/23\/2025\/06\/sm_1750254538.556381.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"666\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/economy\/rwanda-opec-fund-sign-300m-deal-for-development-projects#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/economy\/rwanda-opec-fund-sign-300m-deal-for-development-projects\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Rwanda OPEC Fund Sign $300M Deal for Development Projects\",\"datePublished\":\"2025-06-18T16:37:46+00:00\",\"dateModified\":\"2025-06-18T17:22:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/economy\/rwanda-opec-fund-sign-300m-deal-for-development-projects\"},\"wordCount\":306,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/economy\/rwanda-opec-fund-sign-300m-deal-for-development-projects#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/rwanda\/sites\/23\/2025\/06\/sm_1750254538.556381.jpg\",\"keywords\":[\"OPEC Fund\",\"Rwanda\"],\"articleSection\":[\"all news\",\"Economy\",\"head lines\",\"to-homepage\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/rwanda\/economy\/rwanda-opec-fund-sign-300m-deal-for-development-projects#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/economy\/rwanda-opec-fund-sign-300m-deal-for-development-projects\",\"url\":\"https:\/\/www.africa-press.net\/rwanda\/economy\/rwanda-opec-fund-sign-300m-deal-for-development-projects\",\"name\":\"Rwanda OPEC Fund Sign $300M Deal for Development Projects - 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