News

The high-level forum, taking place on 18 December 2018 in Vienna, focused on European investment as the key to Africa's long-term development. Over the next few years, OeEB will expand its involvement in Africa to foster investment and create new prospects.

International climate-finance is a key element in supporting developing countries in tackling climate change. As in previous years, OeEB was again Austria's largest provider of climate-finance in developing countries in 2017.

The initiative supports the development of shared financing principles, definitions and methodologies that promote the integration of "gender smart" decision-making into investment processes and operations.

Via a EUR 6 million equity investment in the Maghreb Private Equity Fund IV (MPEF IV), OeEB supports small and medium-sized enterprises in North Africa.

The recently published Development Report 2017 shows how our projects contribute to creating better living conditions in developing countries.

OeEB provides USD 20 million for the construction and operation of over 500 small solar power and solar rooftop projects in India in order to sustainably improve the country's energy supply.

10 years of growth and development: Together with partners, customers, employees and stakeholders, OeEB celebrated its 10-year anniversary on 7 May 2018.

As the development bank of the Republic of Austria, OeEB is committed to supporting sustainable economic development in developing countries. In our video we give insight into our worldwide commitment.

For 10 years, OeEB has been a successful player in the Austrian development cooperation and has provided financing for nearly 300 projects. Moreover, OeEB is Austria's largest provider of climate financing: Since 2008, OeEB has provided EUR 590 million for renewable energy projects.

OeEB provides EUR 24 million for the construction of the 69 MW Kosava wind farm to sustainably improve the country’s energy supply.

The SANAD Technical Assistance Facility (SANAD TAF) has partnered with Mowgli Mentoring to provide a six-month mentoring program for Syrian refugees funded by OeEB.

For 10 years, OeEB has been contributing to sustainable economic development. At year-end 2017, OeEB’s total portfolio amounted to EUR 1.08 billion with newly signed loans and equity participations of EUR 255 million.

OeEB teamed up with the OPEC Fund for International Development (OFID) and Dutch development bank FMO to increase the availability of funding for small and medium-sized enterprises (SMEs) in Lebanon.