AFD in Ghana

AFD began its operations in Ghana in 1985, opening its first representation in an English speaking country. Since 1986, AFD has concentrated its operations on major economic infrastructure development projects in the country, mainly in the telecommunications, transport and energy sectors. Photo © Paul Williams

News

Call for Papers - 12th AFD International Conference on Development - Commons and Development

27/04/2016

The 12th AFD (French Development Agency) International Conference on Development will be held on December 1-2, 2016.   Proposals must be submitted by Wednesday June 1, 2016. Selected submissions will be announced by July 31, 2016. Final versions of papers must be submitted no later than October 31, 2016. 

 

It is organized at the French Development Agency: 5, Rue Roland Barthes, 75598 PARIS CEDEX 12 (http://www.afd.fr/home/AFD/contact-afd), in partnership with the Fondation pour les études et recherches sur le développement international (FERDI), the French Agricultural Centre for International Development (CIRAD), and the Centre de Recherches Insulaires et Observatoire de l’Environnement (CRIOBE).   
 

The aim of this conference is to bring together researchers and their work and to stimulate dialogue at the intersection between commons and development dynamics on an international scale through recourse to a variety of analytical frameworks and disciplines.  What do commons teach us in terms of development impacts on countries of the South? How can we understand commons in terms of actors, legal models, and indicators? How can we describe commons in terms of interactions with the public, the business sector, and political arenas? How do commons enrich our understanding of global public goods?
For more information, http://www.afd.fr/lang/en/home/recherche/conferences-recherche?actuCtnId=137326

Opening remarks by Gaël Giraud, Chief Economist at AFD, CNRS, Paris, France. Confirmed keynote speakers include:
-          Jean-Michel Severino, CEO of Investisseurs & Partenaires, former General Manager of AFD (2001–2010), former member of the United Nations High-Level Panel on the Post-2015 Development Agenda, Chair of Convergences (a think tank);
-          Ravi Kanbur, Professor of Economics at Cornell University, former Chair of the World Development Report, former World Bank Chief Economist for the Africa Region;
-          Amy Dahan, Emeritus Director of Research at CNRS and Emeritus Member of the Alexandre Koyré Center (CNRS-EHESS);
-          Eduardo S. Brondizio, Professor of Anthropology at Indiana University, Co-Director of the Anthropological Center for Training and Research on Global Environmental Change (ACT), and member of the Advisory Board of the Ostrom Workshop in Political Theory and Policy Analysis at Indiana University;
-          Chimère Diaw, Director General of the African Model Forest Network and member of the International Model Forest Network.
 



AFD promotes best practices in the ghanaian microfinance sector

21/03/2016

The Ghana Association of Microfinance Companies (GAMC) officially launched the Microfinance Companies Capacity Improvement Project (MICCIP) which was funded by AFD with a grant of €1.5 million, on 16 March 2016. The MICCIP consists of strengthening GAMC’s capacities and that of its training centre in the elaboration of its courses; as well as providing technical assistance to its members.

Overall improvement in the quality of financial services

The technical assistance will be targeted at its members which have demonstrated a certain level of professionalism and strong signs of sustainability. About one hundred (100) of the strongest GAMC’s members licensed by the Bank of Ghana under Tier 2 will be assessed. Out of those one hundred MFCs, forty (40) will benefit from a “program of excellence” within a 40-month period. Overall, it will improve the quality of financial services provided by microfinance companies (MFCs) in Ghana.

The French Ambassador to Ghana, H. E. François Pujolas, who was the guest of honour at the launch, explained that the project was made possible thanks to the €10 million Microfinance Facility the French Government makes available to AFD every year. “Through this facility, France is indeed promoting the best practices in this challenging sector”, he added.

Mrs. Amélie July, AFD’s Resident Manager, stated that Microfinance is a key sector for AFD Group worldwide and lauded the efficiency of the GAMC team considering the record time within which they have been able to kick start the project.  “The project is expected to increase transparency and confidence within the microfinance sector leading to a more socially responsible and sustainable financial environment”, added the Chairman of GAMC, Mr Collins Amponsah-Mensah.
 



Development Partners' Heads of Cooperation undertake a study tour of Takoradi Thermal Plant II (TICO II)

23/02/2016

The Takoradi Thermal Plant II (TICO II) which was commissioned in November 2015, was financed by  Proparco, the subsidiary of AFD in charge of the private sector.  The Heads of International Cooperation (HoCs) in the country undertook a field visit on 17/02/2016, within the framework of a visit to the Western Region, to apprise themselves of the current state of the project.

 

The 40 M$ project (including a 15 M$ AFD’s sub-participation, as part of a consortium of nine financiers of the project, led by IFC and FMO - Netherlands), increased the installed capacity by approximately 110 MW to 330 MW as a result of converting the existing fuel and gas fired plant into a combined cycle plant (use of waste heat from the thermal turbines to generate the additional power, thereby increasing the energy efficiency of the plant without additional greenhouse gas emissions). This was made possible through the installation of two heat recovery steam generators and a once-through seawater cooling system and related equipment.

Thus, the extension project accounts for roughly 5% of total national supply of electricity, a non-negligible addition in the current context of shortage of energy supply in Ghana.  Savings in carbon footprint for this project amounts to 275,000 tCO2 per annum which corresponds to savings in the annual CO2 emissions of 275 million passengers on long haul flights. It therefore contributes to making it possible for Ghana to meet its INDC (Intended Nationally Determined Contribution) objective of cutting emissions by 15% by 2030, as against a business-as-usual scenario. 



Call for applications - Professional MBA in "Maîtrise d'Ouvrage public et privé" in France

19/02/2016

The Centre for Financial, Economic and Banking Studies (CEFEB), the corporate university of Agence Française de Développement (AFD), which specializes in delivering high-level technical training in Banking, Management and Finance is inviting applications from middle to top managers or executives.  The programme takes place from 05/09 to 25/11/2016 and from 06/02 to 28/04/2017 in Marseilles, France. In between the two sessions, candidates will return to their respective institutions and prepare their thesis.

Costs of tuition and accommodation will be borne by AFD. Transportation is at the cost of the candidate’s employer while AFD pays the candidate a per diem.

Admission Criteria
1. Be proficient in French (both oral and written) and have a good command of the English language
2. Be under the age of 39 at the time of applying, with at least three years’ professional experience as a manager, a consultant, a development specialist, etc
3. Hold a higher education degree i.e. four years of tertiary education or equivalent
4. Pass the selection tests scheduled for 24/05/2016.

For further enquiries, please contact the Programme Coordinator at dankwadd@afd.fr.

Deadline for submission of application pack is 16/03/2016.

Only short-listed applicants will be contacted.
 

Please find below the application form and a presentation on the programme.

 

 



Proparco complements the activities of local banks with long term financing

14/12/2015

Under the auspices of the French Embassy in Ghana, Proparco (AFD’s subsidiary fully dedicated to private sector financing) organised a press conference to present its activities in West Africa, and particularly in Ghana, as well as its financial tools, on 1st December 2015, at the Residence of the Ambassador of France. According to Mr Laurent Farge, the Regional Director for West Africa, Proparco does not compete with commercial banks but rather complements their activities by providing long term financing with loan maturity of more than 5 years (and up to 15 years).
 

Proparco creates the right environment for private sector growth

The minimum amount of funding Proparco provides is US$ 5 million, for the benefit of local “champions”, to enable them to compete globally. Proparco also supports local banks so they can in turn on-lend to the lower segment of the private sector where Proparco cannot provide funding because it lacks the skills to understand the economic and competitive environment of small companies.

One instrument that may differentiate Proparco is that it also takes up shares in private companies.  When it does, it usually invests in minority stakes, sometimes along with equity funds, with a focus to bring an institutional stance to the company, improve governance in a long term perspective since it is a patient investor. 

It is worth noting that, half of Proparco’s volume of financing must go to sub-Saharan Africa.

AFD/Proparco’s commitments so far

AFD Group’s annual new commitments amount to more than € 8 billion a year, out of that Proparco makes € 1 billion worldwide. In Ghana, the total commitment of Proparco over the last five years is € 300 million. For example, Proparco together with AFD provided funding for the installation of a combined cycle at the Takoradi II Thermal Power Plant, increasing the amount of power produced using the same quantity of gas by 110 MW (from 200 MW to 310 MW). By 2020, AFD and Proparco are expected to increase their annual commitments by € 2 billion.  Half of this amount will go into climate change mitigating and adaptation projects.

H. E. François Pujolas, the Ambassador of France in Ghana, underscored the relationship between Ghana and France which continues to grow as evidenced by H. E. John Mahama visiting H. E. François Hollande in Paris last October and again during the COP 21 United Nations conference.

Mrs Amélie July, AFD’s Resident Manager touched on the three areas of operation of AFD namely (i) Agriculture and Rural Development, (ii) Energy and (iii) Urban Development.  She also stressed on AFD’s current strategy of focusing more on renewable energy financing directly to public institutions or government agencies without State guarantee.
 



 
 
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