AFD in South Africa

Willing to support local and regional development, the Johannesburg  agency now funds more than thirty projects and has increased its activity by four between 2004 and 2008 to meet the financing needs of projects for  the region's development. Photo © Coda


  • AFD is one of the endorsing partner of the ecomobility World festival

Rémy Rioux appointed Chief Executive Officer of Agence Française de Développement by the Council of Ministers today, 25 May 2016


Today, on a proposal made by François Hollande at the Parliament on 27 April 2016 and following a unanimous favorable vote of MPs and a majority of Senators, Mr. Rémy Rioux, 46, Deputy Secretary General of the French Ministry of Foreign affairs and International Development, has been appointed Chief Executive Officer of Agence Française de Développement, a Public Industrial and Commercial Establishment responsible for development in Southern countries and the French overseas territories. Rémy Rioux, AFD’s 11th Chief Executive Officer, will take over as head of AFD on 2 June 2016.

Rémy Rioux was born in June 1969 in Neuilly-sur-Seine and is an alumnus of the Ecole Normale Supérieure, rue d’Ulm, Sciences Po, and the Ecole Nationale d’Administration. He is a historian by training, a former student of Alain Corbin and Pierre Nora, and Senior Advisor at the Court of Auditors. During his career, he has alternately held responsibilities in France and for development in Africa.

Rémy Rioux appointed Chief Executive Officer of AFD © Alain Buu

At the age of 26, Rémy Rioux discovered Africa during an ENA internship in Benin, and subsequently by campaigning to promote the harmonization of business law in Africa. He has a love of this continent and has travelled across it throughout his career, established close ties there, and acquired a recognized expertise in development issues. He worked at the Directorate of the Treasury from 2004 to 2007, and subsequently from 2010 to 2012, where he contributed to modernizing monetary cooperation with African Franc Zone member countries, participated in the resolution of the Ivorian crisis, and contributed to making the issue of infrastructure and development central to the international agenda of the G20. At the time, he was a Member of the Boards of Directors of AFD and its subsidiary PROPARCO.

Rémy Rioux also conducted control missions in the energy and defense sectors at the Court of Auditors between 1997 and 2004. He worked at the Ministry of the Interior from 2000 to 2002, at the Office of the Minister Daniel Vaillant, where he was responsible for the budget and changeover to the euro. He also held a position at the State Holdings Agency (APE), from 2007 to 2010, as Chief Investment Officer responsible for the transport and media sectors, and sat on the Boards of Directors of various companies (SNCF, RATP, ADP, Renault, France Télévisions, France Médias Monde, Arte, le Grand Port Maritime du Havre).

In 2012, he was Director of the Office of the Minister of the Economy, Finance and Foreign Trade, Pierre Moscovici. He was actively involved in redefining economic relations between Africa and France and in the work conducted by Jacques Attali on economic Francophonie. Two years later, Laurent Fabius, Minister of Foreign Affairs and International Development, appointed him Deputy Secretary General of the Ministry, in charge of economic issues. Alongside the Minister, he managed the financial component of the negotiations for COP21.

Following the announcement made by the French President in September 2015 of a revival of France’s Official Development Assistance policy and an increase in development and climate finance (by EUR 4bn by 2020, to reach EUR 12.5bn of annual commitments, including EUR 5bn for the climate), he was entrusted with a preparatory mission for the establishment of closer ties between Agence Française de Développement and Caisse des Dépôts, which aims to provide France with a tool capable of meeting the challenges of the Sustainable Development Goals.

He is a man of dialogue and conviction and is deeply attached to the Massif Central region, particularly Corrèze and Lozère, where he regularly stays with his wife and three children.

Key Dates

  • 26 June 1969: Born in Neuilly-sur-Seine, France
  • 1997: Auditor at the Court of Auditors on leaving ENA (Marc Bloch Class), where he became Senior Advisor in 2013
  • 2001 and 2002: Budget Advisor at the Office of Daniel Vaillant at the Ministry of the Interior
  • 2003: Control missions in the energy and defense sectors at the Court of Auditors
  • 2004: General Directorate of the Treasury, Head of the Office for Monetary and Development Cooperation with African, Caribbean, Pacific and Franc Zone countries
  • 2007: Deputy Director for the transport and audiovisual sectors at the State Holdings Agency (APE)
  • 2010: Deputy Director for international financial affairs and development at the General Directorate of the Treasury
  • 2012 to 2014: Director of the Office of Mr. Pierre Moscovici at the Ministry of the Economy and Finance
  • 2014: Deputy Secretary General of the Ministry of Foreign Affairs and International Development in charge of economic affairs
  • 2015: Responsible for financial matters in the French negotiation team for COP21.
  • June 2016: Appointed the 11th Chief Executive Officer of Agence Française de Développement.

Initiated by AFD: 25 African leaders of the private sector from 14 Africans countries gathered for a program on three Campuses: Cape Town, Dakar and Paris!


25 African leaders of the private sector from 14 Africans countries gathered for a program on three Campuses: Cape Town, Dakar and Paris!

The Lead Campus program started on Monday, April 4th 2016.
Initiated by the AFD, supported by the Foundation Africa-France, this innovative program alternates workshop on three sessions and distance training.
Affirm its leadership, develop its capacities to innovate, to build and to make and to grow it professional project, to integrate the social and environmental stakes as new relay of transformation of the company: such are the challenges on which 25 participants will have to work.
An academic partnership innovating between faculties of Paris political science, the ISM of Dakar, the University of Cape Town and the CEFEB, the AFD company university has allowed the emergence of a program of a new kind built for and with the African private sector.

SUNREF, AFD’s Green Finance Label: Website Now Online


AFD has made a dedicated platform available to green finance actors (banks, companies, donors, public authorities) which allows them to collect, disseminate and capitalize on best practices.

The SUNREF website is thereby an ecosystem for green finance which provides actors in the sector with new opportunities to implement innovative and effective operational approaches. Finally, this website gives an additional understanding of the green finance projects implemented by AFD, the green investments made in Africa, the Indian Ocean, Latin America, Asia and the Mediterranean, SUNREF’s innovative approach and its benefits, its partners, and the types of eligible financing. SUNREF’s aim is to pool the efforts of all actors in order to facilitate the scaling up which is essential for addressing the environmental challenges.

EUR 1.5M grant to CAHF to strengthen the affordable housing finance sector in francophone Africa


AFD has awarded a grant of €1,5 million to the Centre for Affordable Housing Finance in Africa (CAHF), a not-for-profit think tank based in Johannesburg, South Africa, to extend its work into francophone Africa.  The programme will run from 2016 – 2021.

The main objective of the programme is to support the development and deepening of Africa’s housing finance sector in francophone Africa, through the provision of data and market intelligence, as well as capacity building among key players. This will support practitioner investment decisions and policy developments, leading to increased investment in affordable housing and housing finance in Africa.  The programme also facilitates active exchange of experiences, case studies, and data between Francophone and Anglophone Africa.
For further details, please have a look at the Press Release

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