Austria joined the African Development Fund (ADF) in 1981 and the African Development Bank (AfDB) in 1983. Its pledge to ADF-XIII amounts to UA 93 million (EUR 107 million, with a burden share representing 2.131 per cent of ADF-XIII.
The AfDB mainly collaborates with the Ministry of Finance, the Austrian Development Agency and the Development Bank of Austria.
- In June 2008, a Letter of Agreement was signed between the AfDB and the Development Bank of Austria to promote co-financing for private sector operations in developing countries.
- At the end of the year 2010, Austria joined the multi-donor Fund for African Private Sector Assistance (FAPA) initiated by Japan in 2005. Austrian Ministry of Finance and the Development Bank of Austria contributed 2 million euros to the FAPA.
- Austria supports the African Water Facility (AWF) hosted by the Bank and seconds a water expert to the facility. The African Water Facility is an initiative led by the African Minister’s Council on Water (AMCOW) to mobilize and apply resources to finance water development activities in Africa.
Mr. Asano Tomoya
Executive Director, Austria
Tel: (225) 2026 2013
Mr. Tobias Florian Orischnig
Tel (225) 2026 4612