Suriname faces several challenges, particularly in the sectors of education, health, transport, energy and the environment.
AFD supports the country and focuses its operations on three core objectives:

  • to improve access to health and education services and infrastructure for the populations of the Maroni River;
  • to promote the economic development and opening up of the East region which borders French Guiana;
  • to implement a joint policy for the rational management of natural resources on the Guiana Shield.


2016, a record year for AFD


With a record year in 2016 marked by EUR 9.4bn of commitments, AFD is taking action in new fields, particularly in continental Africa

Rémy Rioux, Chief Executive Officer of AFD, presented today AFD’s results for 2016, from the perspective of its strategy for 2020.

At the request of the French President in 2015, AFD has significantly increased the volume of its financing, in line with the international community’s objectives (SDGs, Paris Climate Agreement), formed its strategic alliance with Caisse des Dépôts et Consignations, and extended its scope of operations. 



Rémy Rioux, its Chief Executive Officer, explains AFD’s strategy: “2016, the year of its 75th anniversary, was marked by the increase in AFD’s commitments, its strategic alliance with Caisse des Dépôts et Consignations, and the strengthening of its partnerships with civil society, territorial authorities, the private sector, bilateral and multilateral development banks, European institutions and the major foundations. With EUR 9.4bn of commitments, AFD has set out on an ambitious growth path to support the major transitions in developing countries and the French overseas territories. With its new strategy, AFD will be playing a leading role in supporting the emergence of a common world.”

In 2015, the French President set for AFD the objective of increasing its activity by +60% by 2020 to some EUR 13bn of annual commitments. It set out on this growth path in 2016.

EUR 9.4bn of projects were financed by AFD: i.e. +13% in 1 year.

Africa, all Africa, is AFD’s priority, with some EUR 4bn of commitments in 2016, a +25% increase.

  • Between 2010 and 2016, EUR 22bn were committed in Africa.
  • In January 2017, at the Bamako Summit, the French President made an even more ambitious commitment for AFD: EUR 23bn will be committed for Africa over the next five years.
  • AFD has supported renewable energy development by committing EUR 600m in Africa in 2016. It plans to devote EUR 3bn to the sector by 2020.

AFD is operating in new countries and new sectors: 

  • Argentina, Cuba, the Balkans: AFD will be extending its geographical area of operations towherever the support of a committed and solidarity-focused development bank is useful.
  •  AFD’s new strategy opens up areas of action for the future, in sectors in which AFD did not previously operate or had limited activity: governance, cultural industries, higher education, innovation and digital technology, social business, the external action of local authorities, education in development and international solidarity.

AFD and CDC: A strategic alliance active in the field

The strategic alliance between the two institutions, signed on 6 December 2016, is being operationalized in the field. At international level, it is leading to common tools, such as the EUR 600m infrastructure investment fund, whose creation was recently announced by the two Chief Executive Officers in Burkina Faso. In France, it is bringing about a closer partnership with regional and local authorities and all development actors in territories.


AFD’s action in 2016

Action on the five continents:

  • 50% of AFD’s financial commitments in foreign countries (some EUR 4bn in 2016, i.e. +25% in one year) are devoted to Africa, all Africa, a priority for AFD’s action, where 84% of the budget resources allocated by the State are focused. In its new strategy, AFD considers Africa as a whole: from Morocco to South Africa, from Senegal to Djibouti, with its regional dynamics, without separating the North of the Sahara from the South.
  • 20% in Asia and the Pacific to finance low-carbon projects (EUR 1.3bn in 2016).
  • 20% in Latin America and the Caribbean, with a focus on sustainable urban development (EUR 1.1bn in 2016).
  • 10% in the Middle East to finance inclusive and resilient growth (EUR 741m in 2016).
  • In 2016, AFD also earmarked EUR 1.6bn of financing for the French overseas authorities.

The markers of AFD’s action: 6 x 50%
AFD, France’s development bank, which is solidarity-focused and committed to working for populations in the South and the French overseas territories, bases its action on 6 strong markers:

  • 50% of its commitments abroad are in Africa
  • 50% of its activity concerns French-speaking countries and territories
  • 50% of its projects have positive impacts on the climate
  • 50% of its projects contribute to reducing gender inequalities
  • 50% of its beneficiaries are non-State actors (State-owned or private companies in Southern countries, local authorities, public institutions, NGOs, banks) 
  • 50% of its projects are cofinanced with other donors

AFD finances sustainable growth paths that contribute to the five major transitions which both developing and developed countries are undergoing: demographic and social transitions, territorial and ecological transition, energy transition, digital and technological transition, political and citizen-based transition.

Solutions which bring about positive impacts for populations

In 2016, AFD financed 657 development projects, which have, for example:

  • improved urban transport in New Caledonia;
  • managed tensions between host and refugee populations in Lebanon and Jordan;
  • built Burkina Faso’s energy autonomy;

Projects with measurable concrete impacts every year. Over the past 5 years, on average: 

  • 730,000 family farms supported;
  • 665 MW of renewable energies installed;
  • improved access to water and sanitation for 1.2 million people;
  • 54,000 SMEs supported;
  • 832,000 children sent to school.

 ► Find out more about the results for 2016

AFD Grants 570 117 € to French NGO AIDES for Project in Suriname and French Guiana


The French Development Agency has provided a € 570,117 Grant (50% of the total project) to NGO AIDES over three years, to finance a project aiming to improve access to HIV/AIDS prevention, screening and care for people living in the border region of French Guiana and Suriname, with a focus on community health.

This project’s purpose is to develop a cross-border dynamic between two NGOs, AIDES and the Surinamese Red Cross, to improve access to prevention and care in the region of the Maroni and Cottica rivers as well as in the localities of Albina and Moengo.

Approximately 10 000 inhabitants living along the river will directly benefit from the project’s activities (screening, awareness, counselling and support). Sixty key actors in social cohesion such as traditional healers and religious leaders will also be informed and educated about the disease and its modes of transmission.

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.

Suriname and AFD sign MoU on Sovereign Financing


Director of the Latin America and Caribbean Department of the French Development Agency (AFD) Régis Marodon visited Suriname from November 25th to 27th, 2015. On that occasion, AFD’s intervention in the field of health was highlighted with an on- site visit to the Albina Hospital at the border with French Guiana. The visit was concluded with the signing of a Memorandum of Understanding (MoU) with the Government of Suriname which concerns a joint program of activities over the next four years, concerning 5 projects for a total amount of 90 M€.

Cooperation with French Guiana

A 15 M€ project financed by AFD, started in 2009 aiming to improve the health infrastructures in the country. The construction of the Albina Hospital is the last component of this extensive investment program which also consists of a 1.1 M€ grant dedicated to bilateral cooperation with French Guiana.

In the Surinamese border town Albina a meeting was held regarding the addition of this town to the brainstorming process conducted by the City of Saint-Laurent du Maroni, which is focusing on the development perspectives of this French locality for the coming 60 years. The meeting was attended by the Mayor of Saint-Laurent du Maroni, the General Director of the Public Institution in charge of physical planning in French Guiana (EPAG) and the Head of Urban Planning of Suriname. The two banks of the Marowijne River will also be taken into account in this strategic reflection in order to address the trans-border challenges the two neighboring cities are experiencing.


Signing of a MoU for 2016-2019

On November 27th, Mr. Marodon and Minister of Finance Gillmore Hoefdraad signed a MoU setting out a 90 M€ work program for AFD in two strategic areas: i) Support Suriname towards a more sustainable and resilient growth pattern and ii) Focus on Eastern Suriname.

These sovereign loans will finance investments compliant with the priorities of the Surinamese Government in areas of vital interest to the general development of the country. AFD’s activities will concentrate on four objectives:
-  Optimize energy production and distribution
-  Promote sustainable access to drinking water and drainage
-  Support an integrated regional development in Eastern Suriname
-  Reduction of social inequalities through healthcare accessibility improvement for women

Central operator of the development assistance of the Government of France, AFD has opened its first office in Suriname in 2009. AFD has financed four projects totaling 55 M€ so far. As of January 1st 2016, the Paramaribo Office is operating under the supervision of the AFD resident mission in the Dominican Republic.

Health crosses borders

In regions that are particularly interdependent, it makes perfect sense to include a cross-border dimension in health sector operations. This is the case in French Guiana, where these issues are addressed in partnership with the Brazilian and Surinamese neighbors.

Identical problems

1,250.This is the number of kilometers of borders that French Guiana, a tiny part of France in Latin America, shares with Suriname and Brazil. Common health-related problems arise on a daily basis due to the continuous population movements. The same patients are treated on both sides of the borders. They encounter the same health situations – communicable or chronic – which are often very different from the problems in mainland France.

Strengthening cooperation between health actors

Cooperation between the health actors from the different countries is therefore essential for patient management, through the exchange of information, the harmonization of requirements and a complementarity between health structures. It also involves ensuring that disease control programs are consistent, and launching joint studies and information systems between border areas.

In Suriname, AFD is financing a health cooperation project with French Guiana, alongside major infrastructure projects on both sides of the border. Working groups have been set up between the two countries and joint studies have been conducted in order to develop harmonized action plans. Finally, the capacities of Suriname’s National Laboratory have been strengthened with a view to scaling up cooperation with the Institut Pasteur in French Guiana.

Shared approach

This support for the regional projects of the French Departments in the Americas (FDAs) can be seen with France’s financing of technical assistance at the headquarters of the Pan American Health Organization, as well as its involvement in the governance of the Caribbean Public Health Agency, and in the choice of the topic “International Cooperation in the FDA Zone” for the 2015 congress of the French West Indies/Guiana French Hospital Federation.

In French Guiana, Cayenne Hospital is going to develop a regional research and training platform on health in Amazonia.

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