December 22

OFID Funds $36.5 Million to Accelerate Access to Clean Cooking in Madagascar

By  Inès Magoum

The Opec Fund for International Development (OFID) is providing Madagascar with $36.5 million in loans and grants to accelerate access to clean cooking. The aim is to reduce deforestation in the East African country.

The National Clean Cookery Transition Programme in Madagascar has received new funding. This is $36.5 million from the Opec Fund for International Development (OFID), including a $1.5 million grant. This funding is part of a $500 million multi-country package announced on 15 December 2022 by Ofid at its last Board meeting for the year 2022.

Photo courtesy of Etienne.


Source: Afrik 21 (link opens in a new window)

Energy, Environment
clean cooking, energy access, forests, SDGs