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What is Agence Française de Développement mean?
The French Development Agency (French: Agence française de développement, AFD) is a public financial institution that implements the policy defined by the French Government. 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.
In 2014, AFD earmarked EUR 8.1 billion to finance projects in developing countries and for the French overseas territories, a commitment up by 4% compared to 2013. According to the OECD, 2020 official development assistance from France increased 10.9% to US$14.1 billion.
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.
referencePosted on 04 Oct 2024, this text provides information on Miscellaneous in General related to General. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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