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.
- 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.
The Government of Mozambique represented by the Minister of Economy and Finance Mr. Adriano Maleiane, the Ambassador of France, Mr. Bruno Clerc, and the French Development Agency represented by Ms. Virginie Dago signed the Study Fund Agreement in the amount of 500,000 Euros, on February 12, 2016.
The Study Fund Agreement is part of the debt reduction and development mechanism (C2D) and aims at financing preparatory studies in the field of vocational training, particularly in the tourism and energy sectors. These studies will be the basis for decision-making to fund projects in the two sectors above mentioned during the period 2016-2019.
France and Mozambique have agreed on the mechanism of using debt cancellation funds, and the last installment of the agreement for an amount of EUR 17.5 million, was signed in France in July 2015 during President Nyusi’s visit. Of this amount, 500 000 Euros were allocated to the establishment of the Study Fund which aims to carry out preparatory studies of vocational training to: (i) specify the content of the vocational training projects; (ii) define the institutional arrangements for the projects and; (iii) study the impact on job creation and capacity building.
This project will contribute to answer the challenges of Mozambique concerning the development of technical and vocational training which is a priority of the Government of Mozambique.
Maputo, February 2016 – The African Legal Support Facility (ALSF), the Agence Française de Développement (AFD) and Expertise France opened on Monday, 1st February, 2016, a five-day training on Public Private Partnerships (PPPs) to provide African governments with capacity for structuring win-win PPP projects in an effort to efficiently bridge Africa’s infrastructure financing needs.
Speaking at the opening ceremony of the training workshop Joseph Ribeiro, resident representative in Mozambique of the AfDB, said the regional workshop was a timely intervention given the financing gap and the need for African governments to attract the private sector to invest and operate in public-sector projects.
Virginie Dago, Director of the AFD office in Maputo, reiterated the need for the dissemination of best practices in the preparation of institutional, legal and technical guidelines that are critical for the development of successful PPP projects.
The workshop, which took place in Maputo, attracted 27 participants from 8 African countries. The team consists of regulators, private- and public-sector lawyers, professional services practitioners and financiers from Kenya, Malawi, Mozambique, Nigeria, Rwanda, Tanzania, Sudan and Zimbabwe.
The training covered topics such as an overview of the different contracting models available to public bodies; the guiding principles for structuring a project funding; the financial control of a public-private partnership with the central question of risk allocation between the public entity and the private entity; the drafting of the main provisions of a PPP contract and several tools to negotiate the financial aspects of a PPP.
Furthermore, the participants had the opportunity to visit the Maputo’s harbor and to talk to his current director about the mains challenges of its development that will need successful PPP. The Maputo’s harbor, the biggest one in Mozambique, is strategically linked to South Africa (Gauteng) and the landlocked countries of the area, especially Zimbabwe and Zambia.
This workshop is the eighth PPP training cycle seminars (aim of 15 workshops until 2017) dedicated to African executives involved in PPPs. Two kinds of workshops are being organized over three years:
• 9 workshops about an Introduction to PPP in different African capitals like the one which has been held in Maputo
• 6 sectorial workshops (Energy, transport and urban services) at Cefeb’s office in Marseille
The 4th C2D contract signed on the 20th of July 2015 during the presidential visit of H.E Mr Filipe Jacinto Nyusi, President of the Republic of Mozambique, to France, approved the use an amount of 10 MEUR of the total sum of 17.5 MEUR made available, for General Budget Support in favor of the Mozambican Government.
Presently, France, represented by H.E Mr Bruno Clerc, Ambassador of France in Mozambique, signs the Agreement for General Budget Support which governs the 10 MEUR grant financing. The grant will be disbursed in four annual instalments, the first of which ( 4 MEUR) shall be released by the end of this year.
The direct French contribution to the General Budget Support falls within the framework of the Coordination Group of Support composed by 14 donor countries which ensure the implementation and monitoring of Government 5 Year Plan in order to reduce poverty and promote inclusive growth.