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Research at Agence Française de Développement (AFD)
Cities, natural resources, social cohesion, climate… AFD’s researchers are at the forefront of analyzing and understanding the issues and realities related to the Group’s areas of intervention. The g...
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Working by your side
AFD Group has reaffirmed its focus on regional realities, its respect for partners, and its geographical intelligence. Over the 2025-2030 period, AFD Group is committed to basing action on an in-depth...
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Mobilize to amplify action
AFD Group positions itself as a three-dimensional platform for financial mobilization, citizen- and partner-based mobilization, and know-how and expertise. Building coalitions and stakeholder communit...
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A commitment to 100% SDG alignment
AFD Group aims to become the first public development bank that is 100% SDG-aligned. To meet this commitment, AFD Group focuses its action on development models with a high level of sustainability tha...
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Crisis and post-crisis calls for projects (APCC)
The crisis and post-crisis calls for projects (APCC) program is used to co-develop projects with French and international CSOs and nonprofit organizations based on specifications set by AFD to address...
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SOGEFOM: A guarantee fund that facilitates MSME access to bank loans
The SOGEFOM guarantee fund for the French Overseas Territories facilitates access for micro-, small, and medium-sized enterprises (MSMEs) to bank loans. Agence Française de Développement (AFD) is the...
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Issuance programs & final terms
Are you an investor? Find all our dedicated documents here
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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.
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Official development assistance (ODA)
Official development assistance (ODA) refers to funds allocated by governments to support the development of eligible countries.
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Keeping AFD Group’s promise
The Programming Act of 2021 on Inclusive Development and Combating Global Inequalities has made AFD Group a unique player in the development finance ecosystem. AFD Group’s three funding arms – AFD, Pr...
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Our economic model
AFD is first and foremost a public bank, and finances itself mainly by borrowing on the markets, made possible by the financial stability of its sole shareholder: the French State.
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Supporting BDMG in financing public climate
By deploying an innovative financing offer aimed at municipalities, the Development Bank of Minas Gerais (BDMG) supports the development of sustainable cities that combine social cohesion, economic pe...
Project

Research on West Africa
Currently in its closing phase, this research program aims to enhance and promote knowledge production on the West Africa, in close collaboration with West African researchers and contributors to publ...
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Research on inequalities
The goal of this research program is to improve our understanding of inequalities so that public policies can address them more effectively.
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Supporting the transformation of BRDE’s financing strategy
The Regional Development Bank of the Far South (BRDE) is strengthening its transformation into a sustainable development bank with the support of AFD. A total financing package of €70.5 million (loan...
Project
Public Payment Guarantees: mitigating the risk of payment defaults by public entities
Public Payment Guarantees (PPGs) facilitate State mobilization of private expertise and investment in development projects by limiting the risk incurred by the private sector. It can be mobilized for...
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Minka: a fund for peace and resilience
The Minka Peace and Resilience Fund is dedicated to peacebuilding in fragile, crisis and conflict areas. It finances projects in four crisis areas (Sahel, Lake Chad area, Central African Republic and...
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