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AFD News

Finance as a Fulcrum for change

Development depends on various kinds of finance, from grants to investment. AFD Group has begun to develop a number of incentive loans, where pricing is indexed to the progress made by borrowers in terms of their environmental, social, and governance (ESG) practices. This not only allows AFD to continue to fund a large number of projects; it provides additional incentives to make sure development projects are fully sustainable.
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AFD News

Sports and Sustainable Development: AFD and Paris 2024

Paris 2024 - AFD, partnership
Sports and sustainable development – it’s a powerful combination taking flight in France and around the world. Rémy Rioux, Chief Executive Officer of Agence Française de Développement and Tony Estanguet, President of the Organizing Committee for the Paris 2024 Olympic and Paralympic Games, signed an agreement today to cooperate on sports and development projects across a number of countries.
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Aquaculture in Zanzibar: Providing Work and Protecting the Coastline

A Shared Vision Of Zanzibar's Coastline, Tanzania
On the Zanzibar Archipelago, an ambitious pilot project aims to help coastal communities preserve natural resources while they make a living. Among them are aquaculture farmers specializing in seaweed production. It’s all part of the AquaCoCo project – Aquaculture, Coastal Communities and Conservation – which aims to give locals an invested interest in managing shared – and fragile – ecosystems.
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AFD News

The NBA, AFD and a brand new BASKETBALL AFRICA LEAGUE: Sports and Development

NBA, Basketball Africa League and AFD: Developing Sport
The day before the January 24 game between the Milwaukee Bucks and the Charlotte Hornets, the NBA and AFD held a press conference in Paris, marking the launch of a new league that will span the African continent: the Basketball Africa League. And with Agence française de développement, the League will be involved in important development initiatives.
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AFD News

A partnership with Blackrock to direct investment into greener finance in developing countries

Jordanie, panneaux solaires
The Climate Finance Partnership (CFP) was first announced on 22 January and aims to direct capital into climate-related projects in developing countries. The fund brings together BlackRock, the world leader in asset management, Agence Française de Développement (AFD), the German Ministry for the Environment and the Hewlett and Grantham foundations.
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