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Africa

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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