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Africa
EU-Africa Forum - Heads of State Share Vision on Cooperation Between Africa and Europe
The High-Level Forum Africa-Europe met at the ACV-Austria Center Vienna to focus on "Taking cooperation to the digital age". The debates focused on the cooperation between the European Union and African countries in the areas of innovation and digitisation, in particular the question of how the benefits of digital change can benefit everyone.
December 19, 2018
Austria's State Leaders Receive Authoritarian Egyptian President Abdel Fattah el-Sisi
Egypt's President Abdel Fattah el-Sisi (Abd al-Fattah as-Sisi) also visited the Federal President, the Federal Chancellor and the Federal Parliament on the fringes of the EU-Africa Forum (High-Level Forum Africa-Europe), at which he received a EUR 350m commitment from the EIB to finance the expansion of the Cairo Metro. Every meeting emphasised that bilateral relations between Austria and Egypt were very good and that cooperation was to be extended. The former General, who is controversial because of his authoritarian style of government, had already made a clear rejection of the so-called "disembarkation platforms" in Egypt to the EU Council President Sebastian Kurz in Cairo during the summer.
December 19, 2018
High-Level Forum Africa-Europe - EIB Signs 3 Africa Projects Totalling Half a Billion Euros
At the Africa‑Europe High‑Level Forum in Vienna the European Investment Bank formally agreed a total of EUR 495 million of new financing for three projects in ten countries to support sustainable transport, clean energy and internet access projects in North, West and East Africa.
December 19, 2018
Austrian Support for Peace and Security Programm in Horn of Africa Region
Vienna based ADA - Austrian Development Agency signs an agreement on peace and security in the Horn of Africa with EU and IGAD (Intergovernmental Authority on Development). The EUTF - EU Emergency Trust Fund for Africa provides 40 million euros. 35 million of this will be made available to ADA and 5 million directly to IGAD. The ADA passes on one million euros to IGAD. The Swedish International Development Agency SIDA will also contribute one million euros..
March 26, 2018
Austria Contributes EUR 3 Mln to New EU-Aid Programme for Africa
On the occasion of the establishment of the EU-trust-fund, which aims at combating the reasons for migration and flight in Africa, against the backdrop of the EU-summit in La Valletta, Minister for Foreign Affairs, Sebastian Kurz underlined the necessity that Europe provides suitable answers to the challenges posed by the current refugee crisis. Austria will support the fund with EUR 3m from the Austrian Development Agency’s (ADA) budget.
November 19, 2015
World Bank: 47 Banking Crises in the Past 40 Years
47 banking crises that have struck 116 countries in the past 40 years - World Bank
October 8, 2013
OMV to Take Over Offshore Block in Madagascar
OMV acquires interest in offshore Madagascar block
September 2, 2013
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