Kuwait Fund for Economic Development

The Kuwait Fund for Economic Development (KFAED) is the State of Kuwait’s official agency dedicated to providing and administering financial and technical assistance to developing countries. Established in 1961, KFAED operates within the Government sector, focusing on fostering economic development through strategic project funding and support. Its core mission involves identifying and supporting viable projects that contribute to the sustainable growth and prosperity of recipient nations, offering a range of services including basic information, pipeline project development, and economic grant provisions. The organization plays a crucial role in international development finance, leveraging its expertise to facilitate impactful initiatives across various regions.

With an employee range of 500-1,000 individuals, KFAED manages significant financial resources, reporting revenue of $229.5M. Despite a stated location count of one, its operational scope is global, extending its development assistance programs to numerous countries. The agency's structure supports a dedicated team focused on delivering its mandate effectively. Meet Kuwait Fund for Economic Development's team to understand the leadership and operational expertise driving its international development efforts. This team is instrumental in assessing project feasibility, managing financial flows, and ensuring the technical efficacy of the assistance provided to partner nations, thereby maximizing developmental impact.

KFAED's product offerings encompass project lifecycle support, from initial basic information gathering and pipeline identification to the provision of economic development grants. Its strategic focus on essential sectors aims to build robust economies and improve living standards in developing countries. The organization's long-standing presence since 1961 underscores its commitment to long-term development partnerships. Its operations areView more...