2018 was a year of significant growth and transformation for AFD Group with commitments reaching €11.4 billion, up by €1 billion on the previous financial year.
In the course of the year, the Group committed to financing 846 development projects in different ways, using instruments such as loans, grants, guarantees and equity investments. To carry through these initiatives and finance its growth, AFD Group is backed
by a robust financial model and the support of the State, which has granted it additional public budget resources to finance its projects and grants, or to improve counterparty loan conditions.
2018 saw AFD Group well placed to speed up its growth and transformation to further development in 2019, with a commitments target of €14 billion backed by strong engagement from teams and renewed support from the State.