Hungary became a donor partner in 2016, when a first contribution of EUR 1 million was made to the EU-Africa Infrastructure Trust Fund (EU-AITF). This Hungarian support will promote regional infrastructures and trade in sub-Saharan Africa, boosting economic prospects for local people.
Contributions to date
Hungary has committed a total of EUR 1 million.
EU-AITF: EUR 1 million
Why partner with us
Donor partnerships provide an effective vehicle for donors looking to deliver sustained impact in developing countries. They enable donors to work with the EIB to unlock projects with high socio-economic returns, reaching out to people and places with additional support for targeted development outcomes. EIB activities outside the EU account for around one third of EU development aid. All contributions to EIB donor funds are considered Official Development Assistance (ODA) eligible.
Ethiopia has achieved impressive growth and cut poverty under a largely state-driven development model. But to solve persistent urban unemployment, it will need to increase private investment and help small businesses access affordable finance