News

OeEB publishes the Impact Report for the year 2023. The results are once again encouraging. 49% of OeEB projects contribute to SDG 8 - decent work and economic growth. Furthermore, 35% of people employed in projects supported by OeEB are women.

The Global Gender-Smart Fund (GGSF) addresses the $1.7 trillion gender gap by providing responsible financial services to underserved women, women-owned, and women-led businesses in developing markets.

Steffen Suhany will be a new member of OeEB's Executive Board from June 1, 2024. He will assume responsibility for the strategic and operational bank-wide risk management.

The Green for Growth Fund and OeEB announce a new investment, continuing their decade-long partnership and contributing to sustainable development and climate change mitigation in South East Europe.

The investment of EUR 25 million supports AMPIN Energy Transition in growing its renewable energy portfolio and establishing a solar cell and module production facility.

OeEB can look back on a successful financial year 2023. The bank, which acts on behalf of the Federal Ministry of Finance, provided a record value of around EUR 400 million.

TowerCo of Africa Uganda to install 506 new telecom towers with the support of European development finance partners to transform access to telecom services in rural Uganda.

Activities in the areas of climate protection and gender equality will also be further expanded.

In 2023, fifteen Europe-based development finance institutions (EDFI) recorded their strongest year for total level of joint commitments by channelling a combined EUR 9.5 billion.

The SIMA Commercial & Industrial Solar Green Bond will finance small-scale productive-use solar projects within the commercial and small industrial (C&I) sectors throughout Africa. In addition, the bond aims to create sustainable access to energy combined with energy savings.