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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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The Ocean: “It’s Time to Consider its True Worth” - Hélène Gobert

pelicans mer océan biodiversité AFD
The state of the oceans reflects the health of our planet. Millions of people’s lives and livelihoods depend on clean, healthy oceans, as does precious marine life. To meet the rising environmental, social and economic challenges tied to oceans, Agence Française de Développement has set sail in a new direction, in line with France’s commitments. AFD’s Fisheries and Ocean Project Manager, Hélène Gobert tells us more.
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In brief

Agreement on the Development of the Electricity Sector in Egypt

image générique AFD
Agence Française de Développement (AFD) and the Government of Egypt have signed on 10Th June 2020, a new Development Program Financing (DPF) agreement for the development of Egypt’s Electricity sector. The DPF comprises a credit facility of EUR 75 million—the first of two equivalent credit facility operations, with the second one to be possibly approved later this year—and additional grant funding of EUR 1 million for the deployment of effective and targeted technical assistance programs.
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On the Ground

Preserving Oceans: Four AFD Initiatives

Mauritanie AFD Banc D'arguin parc Bacomab
Assisting island populations, fighting plastic pollution, encouraging sustainable fishing, supporting marine protected areas...In the wake of World Oceans Day, this article takes a look at four projects funded by Agence Française de Développement, from Fiji to Togo.
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