French Development Agency
Native name | Agence française de développement |
|---|---|
| Company type | Public Industrial and Commercial Institution and Financial Institution |
| Founded | 1941 |
| Founder | Charles de Gaulle |
| Headquarters | 5 rue Roland-Barthes, Paris , France |
Key people | Rémy Rioux |
| Brands | Shaping Sustainable Futures |
| Services | Development assistance |
Number of employees | 3,000 (2020) |
| Subsidiaries | PROPARCO |
The French Development Agency (French: Agence française de développement, AFD), known from 1992 to 1998 as the Caisse Française de Développement (CFD, lit. 'French Development Fund'), is a public financial institution that implements France's development and international solidarity policies. It works to fight poverty and promote sustainable development. It 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 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. 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.
AFD's 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.