What are development banks and finance institutions, and what is their purpose? What assets can they mobilize, and what is their share in the global financial market? The answers may surprise you. For the first time, a database provides a comprehensive mapping of development banks, and sheds light on the sheer might of these unsung institutions.
As part of the Paris Peace Forum and the Finance in Common Summit being held in early November, Agence Française de Développement (AFD) will present the program of the Covenant of Mayors in Sub-Saharan Africa (CoM SSA). This initiative launched by the European Union brings together 237 cities in sub-Saharan Africa. Its goal: to identify concrete solutions for low-carbon development, resilient to the effects of climate change.
With Kenyan President Uhuru Kenyatta’s visit to France in October, four agreements were signed, not only to provide a major response to the current health emergency, but also to shore up infrastructure, transportation, and water and sanitation.
We find out more with Ghislain de Valon, AFD’s Country Director in Kenya.
Agence Française de Développement (AFD) will hold its 14th international development research conference from November 3 to 10, 2020, as part of the first summit of development banks, “Finance in Common”. This year, the event will be entirely online.