Agence Française de Développement (AFD)
AFD is the Agence Française de Développement, a bi-lateral development finance institution working on behalf of the French government. Its mission is to finance development according to France’s Overseas Development Assistance policies.
AFD’s activities are aimed at reducing poverty and inequalities, promoting sustainable economic growth, and protecting Global Public Goods, which includes the fight against climate change and pandemics; the preservation of biodiversity; the promotion of social and environmental responsibility; as well as aid to countries weakened by strife, war and natural disasters. Its actions in favor of economic growth and preservation of the environment fall directly within the framework of the United Nation’s Millennium Development Goals.
AFD uses a wide range of financial instruments to underwrite its activities.
AFD’s financing, know-how and more than a thousand employees and agents support social, economic and environmental projects in diverse sectors such as health care, rural development, urban infrastructure, education, banking and microfinance. In this, AFD works hand-in-hand with many different private and public partners like governments, local authorities, international agencies, non-governmental organizations, foundations and private institutions.
The French Development Agency (AFD) is the leading public operator in the health field. The Agency provides both financial backing to developing countries and loans to countries with an intermediary development level or to the private sector.