The Development Bank of Austria (OeEB) and the European Investment Bank (EIB) have launched a €100 million (about $122 million) African private sector COVID-19 resilience investment initiative.

This is the first cooperation between both European-based banks.

For more information, please see https://www.ecofinagency.com/finance/2705-42686-eib-development-bank-of-austria-launch-a-100-million-private-sector-financing-initiative