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L'économie africaine 2026: English version of Introduction & 1st Chapter
Year on year since 2020, L’Économie Africaine has established itself as an essential snapshot of the continent’s major challenges, offering nuanced, data-driven analysis unfettered by accepted ideas....
Publication
Kenya and AFD Group sign host country agreement
The host country agreement signed with Kenya strengthens the framework that enables AFD Group to continue mobilizing its expertise, financing and partnerships in close alignment with the country’s dev...
News
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AFD Successfully issued their first benchmark of the year, a new €2 billion sustainable bond maturing on Janua...
Being a Sustainable issuance, the proceeds of the bond will be used to finance/refinance a portfolio of loans that meet the criteria defined in the group’s SDG bond issuance framework.
Press release
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In Lebanon, eating healthy at school to learn better
In Lebanon’s public schools, the economic crisis is weakening families and increasing the risk of students dropping out.
Publication
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The renewal of urban public transport in Africa
In response to rapid urbanization and booming demographics, African cities are reimagining their transport systems. After decades dominated by informal modes of transport – such as minibuses and motor...
Publication
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The renewal of urban public transport in Africa
After decades dominated by informal modes of transport – such as minibuses and motorcycle taxis – the African continent has, since the 2010s, been undergoing a real transformation in urban public tran...
News
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Fiji
The second largest economy among the Pacific Islands, the Fiji archipelago has a population of nearly one million, whose daily lives remain deeply rooted in community bonds. Since opening its office i...
Regions and countries
AFD Group and innovation
Whether social, technological, financial, or methodological, innovation is central to AFD Group’s activity and to the action of the two funds it hosts: the French Facility for Global Environment (FFE...
Publication
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A living laboratory in Türkiye shines a light on the future of French forests
Between 2019 and 2022, Agence Française de Développement supported a sustainable forest partnership program between Türkiye and France, focused on adapting to climate change and protecting biodiversit...
News
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Handbook on Inequality Measurement for Country Studies - Updated version
Writing a country level study on inequality can be an intimidating task for researchers. How does one begin to conceptualize such a study? What needs to be included? What sorts of analyses are require...
Publication
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Djibouti: transforming the Layabley-Moustiquaire neighborhood
In Balbala, home to more than half of Djibouti’s population, the Layabley-Moustiquaire neighborhood is undergoing a transformation. A new road and bridge are improving access to the area, alongside up...
News
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AFD successfully issued a new 2 billion US dollars bond maturing on February 4, 2031
On Wednesday 28th January 2026, Agence française de développement (AFD), rated A+ (Stable) by S&P and A+ (Stable) by Fitch, successfully issued a new 2 billion US dollars bond maturing on February 4th...
Press release
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AFD’s 2026 Funding Program
AFD’s Board of Directors approved the 2026 funding program on January 29th, setting the target at €9.5 billion.
Press release
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Investors' page
AFD funds itself mainly on capital markets. As a frequent issuer, AFD issues several public transactions every year and answers to specific queries from investors.
Editorial page
Investors' page - Press releases
AFD finances itself primarily on international capital markets. As a frequent issuer, it launches several public transactions each year and also responds to more specific requests from investors. This...
Editorial page
International economy: Groundswells in relatively calm waters
Amidst a geopolitical environment undergoing reconfiguration, many economic paradigms once thought to be immutable are now shifting before our eyes. This paper aims to provide a brief overview of them...
Publication
AFD and Vanuatu
Vanuatu, an archipelago of 83 islands with nearly 330,000 inhabitants and a GDP of USD 1.12 billion, is particularly vulnerable to climate risks and natural disasters. Cyclones, earthquakes, and risin...
Publication
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World Bank and AFD: co-financing scales up in Morocco
On 11 February, Agence Française de Développement (AFD) and the World Bank will meet in Morocco to promote “The Power of Co-financing” – a model set to expand as international aid becomes scarcer and...
News
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How can mutually beneficial economic interactions between transhumant and sedentary populations be promoted in...
In the Sahel, traditional agropastoral systems involve economic and social interactions between transhumant herders and sedentary populations. While economic complementarity fosters the exchange of go...
Publication
Biodiversity, macroeconomics and sovereign risk
This study explores the links between biodiversity, macroeconomics and sovereign risk, with a focus on emerging and developing countries (EDCs). As a starting point, it details the channels identified...
Publication