French Development Agency

French Development Agency
Native name
Agence française de développement
Company typePublic Industrial and Commercial Institution and Financial Institution
Founded1941
FounderCharles de Gaulle
Headquarters5 rue Roland-Barthes,
Paris
,
France
Key people
Rémy Rioux
BrandsShaping Sustainable Futures
ServicesDevelopment assistance
Number of employees
3,000 (2020) Edit this on Wikidata
SubsidiariesPROPARCO

The French Development Agency (French: Agence française de développement, AFD) is a public financial institution that implements France's development and international solidarity policies. It works to fight poverty and promote sustainable development. This public institution is active in Africa, Asia, the Middle East, Latin America, the Caribbean, and the French overseas territories, where it finances and supports projects that improve living conditions for populations, promote economic growth and protect the planet.[1]

In 2023, AFD earmarked €11.3 billion to finance projects in developing countries and the French overseas territories. This development assistance represented 0.55% of France's GDP in 2023.[2] According to the OECD, France is in the global Top 5 for providers of official development assistance (ODA) in volume, with a strong focus on Africa. [3]

Its headquarters is located in Paris. Its teams are based in Paris, Marseille, and in a network of 72 agencies and representations abroad and in the French overseas territories.[4]

  1. ^ "The Agence Française de Développement Group". www.afd.fr. Retrieved 2024-09-20.
  2. ^ "AFD Group". www.afd.fr. Retrieved 2024-09-20.
  3. ^ "International aid rises in 2023 with increased support to Ukraine and humanitarian needs". OECD. April 11, 2024. Retrieved September 20, 2024.
  4. ^ Who are we?” [archive], at afd.fr (consulted 23 June 2015)