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AFD News

Finance as a Fulcrum for change

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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

France Launches, via AFD, The “Covid-19 – Health in Common” Initiative to Support African Countries

France Launches via AFD the “Covid-19 – Health in Common” Initiative to Support African Countries
As part of a new initiative launched by the French President and his African peers, Agence Française de Développement announces the launch of “COVID-19 – Health in Common” – a €1.2 billion initiative in response to the worldwide public health crisis caused by the COVID-19 pandemic. This French program is part of a European effort to mount a targeted, partnership-based response to this unprecedented crisis facing developing countries. It complements the work of multilateral and European donors, and prioritizes the African continent.
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AFD News

Clarification on the APHRO-COV Project with INSERM

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AFD is funding, along with INSERM, a system to improve health surveillance and care for suspected cases of Covid-19 in five African countries (Burkina Faso, Côte d’Ivoire, Gabon, Mali and Sénégal). This system – called “Aphro-Cov” – has no connection whatsoever with the controversy generated by a news segment broadcast on French television channel LCI, on Thursday, April 2, 2020.
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3 Questions for…

“Mexico is on its way to a major climate transition” – Jean-Baptiste Sabatié

Jean-Baptiste Sabatié : « On estime à 1 milliard d’euros le coût du réchauffement climatique pour le Mexique », AFD
On March 20, AFD and the Mexican Finance Ministry signed a new public policy loan agreement. This loan from AFD also marks the official start of a green and inclusive support program for Mexico. In a country hit hard by climate change, what are the issues being addressed by this program?

We find out in this interview with Jean-Baptiste Sabatié, Regional Director of AFD Mexico, Cuba and Central America, based in Mexico City.
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Key Figure

AFD: Working to provide 18 million people with better Healthcare

AFD Healthcare worth more than 18 million euros
The numbers are in. For the year 2019, Agence Française de Développement committed €545 million to support health and social protection worldwide, with the aim of improving access to healthcare for 18.5 million people. With Coronavirus spreading by the day, the hope is that this funding will contribute to the support and healthcare equipment desperately needed across the developing world.
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