In May 2020, OeEB signed a mezzanine loan agreement with the Austrian Leeway Investment GmbH. The funds are made available via the African Austrian SME Investment Facility of the Austrian Federal Ministry of Finance and will finance the construction of the infrastructure for an industrial park in Enugu, Nigeria.

Project name Industrial Park Nigeria
Region Sub-Saharan Africa
Sector Industry
Service Equity Participations
Project volume EUR 1.95 million
Project country Nigeria
Project partner(s) Leeway Investment GmbH

Three Austrian SMEs are planning to settle in the new industrial park initially. They will take part in the "Go-Uni European Businesspark" project and train apprentices according to Austrian and EU standards. The industrial park will therefore not only offer a stable environment for companies but will also enable high-quality training and promote start-ups with its 800 m2 co-working space.

The funds made available through OeEB are used to create the infrastructure (water, sewage, electricity, internet, security) which will serve as the basis for the industrial park. The industrial park is planned in close cooperation with the Catholic private university Geofrey Okoye in Enugu, which is the owner of the land on which the industrial park is being built. The university will also build a campus on site, with the aim of increasing the number of students from 3,000 to 6,000.