News

No economic development without energy, no sustainable development without climate protection.

With its investment of EUR 10 million in SANAD Fund for MSME, OeEB helps strengthen micro, small and medium-sized enterprises (MSME) in North Africa and the Middle East (MENA).

New jobs, energy supply or access to finance: The implementation of the Sustainable Development Goals requires the involvement of the private sector.

The Ebola epidemic claimed thousands of lives in Sierra Leone. It also set back the country's economic development. It is now essential to boost the economy.

The current Development Report shows how OeEB's commitment contributes to improving living conditions - by providing jobs or clean energy.

OeEB focuses on renewable energy and supplies five remote villages in Honduras with clean power.

With USD 4 million, OeEB participates in Dolma Impact Fund, a fund which contributes to the economic development in Nepal. Immediately after the earthquake, founder and fund manager Tim Gocher started a call for donations for the victims.

In 2014, OeEB provided EUR 200 million of long-term financing in the form of debt or equity for the economic development in developing countries and emerging markets.

2015 will be the official European Year for Development. Under the slogan "Our world, our dignity, our future", the year will be dedicated to development cooperation.

The DAC Peer Review Austria emphasises the importance of the private sector in the field of development cooperation. This also confirms OeEB's path, which places a focus on the development of the private sector in developing countries.