AFD financed the reforestation of southern and western areas of Aberdares through the Green Belt Movement; an NGO founded in 1977 by Nobel Peace Prize winner, Wangari Maathai (2004).
AFD supports the City of Kisumu located on the shores of Lake Victoria in terms of access to water and sanitation (rehabilitation of the existing system), as well as developing basic services (Kisumu Urban Project).
AFD has supported the production of geothermal energy in Olkaria. This project has helped reduce significantly the price of electricity.
AFD together with the World Bank has financed the expansion of the Jomo Kenyatta International Airport. The new Terminal 1 was commissioned in 2014 and has significantly increased the capacity of the airport in terms of number of passengers and also improved passenger's safety.
Hundreds of thousands of households around Kenya can look forward to being connected for the first time to the country's national electricity grid, thanks to a deal signed today between the Government and European banks and development organisations. The new agreement will enable Kenya Power to connect many more ordinary households in 32 counties of Kenya to the national electricity network, using European bank soft loans and development funds to support the country's "Last Mile Connectivity" initiative.
The total financial package is worth about 20 billion shillings (180 million Euros) and was put together by the European Union (EU), the French Development Agency (AFD) and European Investment Bank (EIB). It includes soft loans from AFD (90 million Euros) and the EIB (60 million Euros), together with a grant (30 million Euros) from the EU.
Aga Khan Hospitals in Kisumu and Mombasa to expand through support from Agence Française de Développement (AFD)
In Kenya, the role of the private sector in the provision of care is recognized by the Ministry of Health and is an effective support for a budget-constrained public policy. In this context, Aga Khan Health Service Kenya (AKHS-K), comprising the hospitals of Nairobi (300 beds), Kisumu (61 beds), Mombasa (82 beds) and a network of primary health centers, plays a decisive role in improving the provision of care.
In East Africa, the Aga Khan network has a regional strategy covering Kenya, Tanzania and Uganda to provide a continuum of care from primary health centers to referral hospitals throughout the region.
The Agence Française de Développement and Bpifrance have together launched a digital innovation competition open to African and French start-ups working for development in Africa
For the first time, the Agence Française de Développement, which for almost 75 years has been funding development projects in Africa, and Bpifrance, have joined forces to launch the "Digital Africa Start-up Challenge", an innovation competition to promote the development of digital start-ups in Africa. African and French start-ups have until 15 November 2016 to submit their applications in the fintech, health, environment-energy and agricultural sectors.
Applications may be submitted until 15 November 2016 via the Platform :
What motivated this challenge?
Africa is more and more connected, particularly due to the rapid adoption of mobile telephony, and has become a continent of digital innovation. The development of mobile payments and the increasing adoption of smart phones and broadband Internet are among the many factors that now enable digital entrepreneurs to propose new products and services in all economic sectors. The dynamism of digital ecosystems has led to an increase in the number of technological hubs, co-working units, laboratories and incubators, of which there are now more than 300 on the continent.
Given this context, the AFD and Bpifrance wanted to pool their experience in the financing of digital innovation and development. The "Startup Challenge Digital Africa" should encourage and support new players in the digital economy, accelerate the sharing of know-how and facilitate the emergence of new solutions for development.
Four sectors have been chosen for their dynamism and potential impact for development of the continent:
What are the rewards for the winners?
A jury will choose two start-up winners, one African and one French, in each of the four sectors (i.e. eight start-ups).
Another two start-ups, one African and one French will be selected by online voters.
In all, 10 start-ups will thus be rewarded.
They will be invited to come and present their project and meet partners during the 27th Africa-France Summit, to be held at Bamako on 13 and 14 January 2017.
How to apply?
African and French entrepreneurs should submit the key elements of their entrepreneurial project online at http://digitalafrica.afd.fr before 15 November 2016, and must indicate in which of the four categories they wish to compete, namely fintech, health, environment/energy or agriculture.
A qualified jury and two renowned sponsors
The jury will be made up of qualified African and French personalities and representatives of the AFD and Bpifrance. The Digital Africa Start-up Challenge is sponsored by two influential entrepreneurs in the world of technology and innovation: 14 January 2017.
An entrepreneur based in Dakar
Founder of the Jokkolabs network (the 1st African collaborative working space)
A French entrepreneur, Founder of Africa4Tech
First chairman of the French Digital Council France’s “Digital Champion” and one of the European Commission’s Digital Ambassadors
The AFD and Bpifrance
Rémy Rioux, Director General of the AFD claims: "Digital technology may be an incredible accelerator of sustainable development in Africa, on condition that each entrepreneur is able to benefit from the innovation springboard. The Agence Française de Développement wants to accompany this wave of transition, which offers new trajectories for growth, by supporting southern entrepreneurs whose projects are promising for the continent and by promoting interactions between northern and southern entrepreneurs. This is why the AFD and Bpifrance decided to work together to launch this competition."
Nicolas Dufourcq, Director General of Bpifrance, declares: "The technological leaps occurring in Africa and the emergence of a young middle-class have created exceptional development opportunities for African and French companies. We are proud to participate in this competition, which is in line with our actions for promoting the internationalisation of companies and cooperation with the African continent."
Bpifrance , a subsidiary of the Caisse des Dépôts and the French state, a trusted partner of French entrepreneurs, supports companies from start-up to flotation on the stock exchange by granting loans, acting as guarantor and by investing. Bpifrance also provides support services that reinforce innovation, external growth and exports, in partnership with Business France and Coface.
Bpifrance offers companies a complete range of financing for every key stage of their development, and offers that are adapted to regional specificities. With 47 regional branches (90% of decisions are taken in the regions), Bpifrance is an economic competitiveness tool at the service of entrepreneurs.
Bpifrance acts to implement French government policy and Regional policies in order to achieve three objectives:
- reinforce the growth of companies ;
- prepare their competitiveness for the future ;
- contribute to the development of an ecosystem that favours entrepreneurship.
In Bpifrance, companies have a powerful and effective partner, who follows their development closely in order to meet all of their needs for financing, innovation and investment.
Follow us on Twitter: @bpifrance
On the occasion of the visit Jean-Marc Ayrault, French Minister for Foreign Affairs and former Prime Minister, the AFD strengthens its support to the development of the Kenyan electricity sector by the signing of a new 33 million Euro financing (about 3.7 billions Kenyan shillings).
This financing agreement was signed in Nairobi on August 1st, at State House, by the Cabinet Secretary Henry Rotich with Bruno Deprince, Regional Director for East Africa of AFD, in presence of President Uhuru Kenyatta and Jean-Marc Ayrault, French Minister for Foreign Affairs and former Prime Minister.
This 33 million Euro financing will support the installation of renewable energy generation units (primarily solar photovoltaic, but also in some cases wind turbines) in 23 mini-grids currently powered by diesel generators. This operation will be implemented by Kenya Power; a company owned 50,1% by the Government of Kenya in charge of electricity distribution in the country.
It is expected that around 9.6 MW of solar photovoltaic and 0.6 MW wind capacities will be installed. The project is in particular expected to:
- reduce the average cost of electricity production of mini-grids by an average of 20%;
- contribute to the improvement of energy security of supply of Kenya;
- support economic development by promoting more reliable electricity service;
- reduce greenhouse gas emissions associated with the combustion of diesel.
This new project contributes to the long-term partnership developed between the Kenyan authorities and AFD in the energy sector. Since the beginning of its activity in Kenya in early 2000, AFD committed over 800 million € of loans to the Kenyan power sector, spread across the entire industry value chain: drilling for the development of geothermal energy, renewable energy plants, national grid and interconnection with Ethiopia, electrification in rural areas and in urban areas, and even support for investment in the sector by SMEs. AFD Group is among the biggest financiers of the sector.
In particular, this new project is part of a long term partnership between Kenya Power and AFD. Indeed, AFD has already made funds available to Kenya Power to set up the Stima Loan (microfinance facility of Kenya Power to cover customer contribution for connection to the electricity network), to implement past rural and urban electrification projects and to support the implementation of Kenya Power Distribution Masterplan. The two institutions are also about to partner for a 120 million Euro -corresponding to about 13.5 billion Kenyan Shillings- contribution (including a 30 million Euro grant from the European Union channelled through AFD) to the Last Mile Connectivity programs which aims at fast-tracking electrification at national scale.
Like all the projects supported by AFD in Kenya in this field, this new financing is aligned with the key pillars of France's cooperation policy in the energy sector, i / promoting access to electricity for all, ii / supporting sustainable economic development, and in particular iii / supporting the development of renewable energy to contribute to the fight against climate change, following the CoP21 that was hosted in Paris.
Referring to the climate negotiations hosted in Paris (Cop21), the French Minister for Foreign Affairs highlighted that “one of the critical topics of those international discussions is the financing of the fight against climate change. The signing of this financing agreement shows that significant resources are indeed made available to the States, parastatals and the private sector to support climate friendly projects. France is committed to provide such financial resources and has announced recently that it will increase by 2 billion euros [more than 220 billion Kenyan Shillings] a year its commitment to the fight against climate change in developing countries.
The French Minister for Foreign Affairs also highlighted that this financing was aligned with the “Joint Declaration on Sustainable Energy signed by Kenya at the Cop21 in Paris, to which France, EU, Italy, the Netherlands and the US are parties”.
Kenya Power is the biggest company in the electricity sector in Kenya. It is in charge of electricity distribution and of the management, maintenance and strengthening of transmission lines built before the creation of Ketraco (in charge of new electricity transmission lines). Kenya Power is today the single buyer of electricity generated or imported into Kenya. Kenya Power is a public company 50.1% owned by the Kenyan government. The company is listed on the Nairobi Securities Exchange.