Agence Française de Développement
- Company typePublic
- Founded1941
- HeadquartersParis, France
- Headcount1,001–5,000
- GTM typeB2B
- OfferingServices
Agence Française de Développement firmographics
Firmographics- Name
- Agence Française de Développement
- Legal name
- Agence Française de Développement
- Website
- https://afd.fr
- Company type
- Public
- Founded year
- 1941
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Ownership category
- akta.pro rank
Agence Française de Développement industry classification
Industry- Product category
- Development Finance / Public Development Banking
- NAICS
- International Affairs (92812), Executive, Legislative, and Other General Government Support (921)
- SIC
- Federal & Federally-Sponsored Credit Agencies (6111), Foreign Governments (8888)
- akta.pro primary industry
- National Development Banks & State Development Finance Institutions (DFIs) (BPADACAC)
- akta.pro secondary industries
- Economic Growth, Trade & Private Sector Development Programs (BPADABAF), Country Development Assistance Programs (Bilateral ODA) (BPADABAA), Development Cooperation & Foreign Aid Administration (BPAIAIAG)
Keywords
Where Agence Française de Développement is headquartered
LocationHeadquarters
- HQ city
- Paris
- HQ country
- France
- HQ region
- Europe
Offices3 records
Markets served
Agence Française de Développement business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Others
Revenue model
- Loan Portfolio: 85% of AFD resources come from bond obligations issued on financial markets to private investors, capital markets, international pension funds, and central banks. AFD's financial strength is based on France's sovereign rating, enabling favorable borrowing terms for development financing.
- Interest Income: Interest generated from loans granted to clients covers AFD's operating costs including salaries of 4,500 employees in 160 countries, as well as own funds needed to cover default risk. Net consolidated result reached 371 million euros in 2023.
- Public Subsidies: 15% of resources come from grants from public institutions including the French Government and European Union. AFD receives approximately 2 billion euros annually from the French government for development activities.
- Sustainable Bond Issuances: In 2023, AFD raised 8.03 billion euros through bond issuances including 3.42 billion euros through sustainable bonds (green and social bonds).
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Multi-year contract | Concessional financing for Least Developed Countries |
| Subscription | Multi-year contract | Market-rate loans for emerging economies |
| Subscription | Annual | Grants for civil society and capacity building |
Go-to-market motion3 records
Distribution channels5 records
Marketing channels7 records
Agence Française de Développement product offering
Product offeringCore offering
Agence Française de Développement (AFD) is France's inclusive public development bank, providing loans, grants, guarantees, and dedicated financing facilities to sovereign states, local authorities, financial institutions, civil society organizations, and private companies for sustainable development projects in over 160 countries. The AFD Group combines AFD (public sector financing), Proparco (private sector financing), and Expertise France (technical cooperation) to deliver integrated development solutions, complemented by proprietary macroeconomic modeling tools (GEMMES, ESTEEM) and the Campus Groupe AFD training platform.
Product overview
Agence Française de Développement (AFD) is a public development bank that mobilizes financing and expertise to support sustainable development projects. The company operates as a platform combining multiple financial products (loans, grants, guarantees, funds/facilities) with research tools (Gemmes and Esteem macroeconomic modeling tools) and training services (Campus groupe AFD). The core offering centers on development finance with complementary tools for project analysis, modeling, and capacity building, all designed to support actors in public, private, and civil society sectors in implementing high-impact social and environmental projects.
Differentiator
Problem solved
Functional benefit
Brands
- Proparco: AFD's subsidiary dedicated to financing the private sector
- Expertise France
- Campus Groupe AFD
- Gemmes
- Esteem
- MINKA
- Choose Africa 2
- iDICE
Products and services
- Prêts (Loans) AFD's primary financing instrument offering loans adapted to states, local authorities, and companies for sustainable development projects, including concessional loans for Least Developed Countries and market-rate loans for emerging economies.
- Subventions (Grants) AFD grants financing projects with strong social and environmental impact, provided as standalone donations or as complementary instruments alongside loans.
- Garanties (Guarantees) AFD guarantees that secure financing for sustainable investment by mobilizing local resources and reducing risk for partners.
- Fonds et facilités de financement (Funds and financing facilities) Dedicated funds and financing facilities that AFD mobilizes to accelerate strategic sustainable development projects and project preparation.
- Gemmes General Monetary and Multisectoral Macrodynamics for the Ecological Shift — a macroeconomic model that analyzes public policy scenarios to understand transition trajectory triggers and ensure comprehensive economic sector coverage.
- Esteem Exposure to Structural Transition in an Economic-Ecological Model — identifies external, fiscal, and socioeconomic risks faced by developing countries during their transition to lower-carbon economies.
- Campus Groupe AFD Pedagogical innovation laboratory and training platform of the AFD Group offering approximately 80 training programs (MOOCs, tutored online courses, hybrid and in-person training, podcasts, conferences) with nearly 120,000 enrolled participants.
Quantifiable outcome
- 121 million people benefiting from improved access to essential services (water, energy, health, sanitation) through projects financed in 2024
- +5 more outcomes
Companies that use Agence Française de Développement
Customer profileNamed customers10 records
Segments6 records
Ideal customer profiles5 records
Agence Française de Développement technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Agence Française de Développement partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered core.
- National Development Planning Commission (NDPC) GhanacoreExploratory partnership discussions focused on strengthening cooperation in climate governance, public financial management, and sustainable development. AFD expressed commitment to supporting Ghana through technical assistance, grants, and financing instruments for energy transition, digital governance, and natural resource management.
- RTE InternationalcoreTwo-year technical cooperation programme to support South Africa's power transmission network modernization. Funded by EUR 650,000 grant from French National Treasury, part of Just Energy Transition Partnership. Focus areas include AI, machine learning, HVDC transmission systems, advanced analytics, and power system stability.
- National Transmission Company South Africa (NTCSA)corePartnership agreement signed at Africa Energy Forum in Cape Town for power grid resilience cooperation. Includes joint research projects, technical workshops, and study visits on AI, machine learning, and HVDC power transmission.
- EDF International NetworkscoreTripartite agreement with Montenegro's CEDIS for electricity grid modernization and digital transformation. Includes technical cooperation, investment plans, and EUR 290,000 grant with potential additional funding for substation reconstruction.
- International Fund for Agricultural Development (IFAD)coreMoU signing for Climate-Smart Smallholder Dairy Transformation Project in Tanzania. Partnership reflects development partners' confidence in Tanzania's agricultural transformation agenda and climate-resilient food systems.
- Lao Ministry of Agriculture and EnvironmentcoreImplementation partner for two climate-resilient agriculture programmes funded by 6 million euro grant. Includes climate-resilient irrigation programme with technical support from Ginger SOFRECO and IWMI.
- World Bank LiberiacoreSupport for REALISE project scaling up successful social protection interventions nationwide. World Bank, French Development Agency, and Government of Sweden collaborating on evidence-based programmes.
- Bangladesh Forest Department (BFD)coreCRIS Project for Sundarbans Conservation - AFD's first direct biodiversity conservation funding in Bangladesh. IUCN Bangladesh leading faunal inventory, climate-risk assessments, and GIS-based habitat mapping.
- IUCN BangladeshcoreLead organization for CRIS Project detailed assessments including faunal inventory, climate-risk assessments, socio-economic surveys, and habitat mapping across Sundarbans Reserved Forest.
- Expertise FrancecoreAFD's technical cooperation agency providing expertise and capacity building alongside AFD financing. Part of integrated group approach for development solutions.
Scale indicators14 records
Recent moves6 records
Expansion highlights6 records
Agence Française de Développement competitors and assessment
Company assessmentDirect peers
- KfW Development Bank: Germany's bilateral development finance institution and AFD's closest European peer. Both are state-owned DFIs operating globally with concessional and non-concessional lending, co-financing, and sustainable bond issuance — directly comparable in mandate, scale (€8-10B annual volume), and Paris Agreement alignment.
- Japan International Cooperation Agency (JICA): Japan's primary bilateral development agency providing ODA loans, grants, and technical cooperation across Asia, Africa, and Latin America. Closely matches AFD's integrated financing-plus-expertise model and is one of the largest bilateral DFIs by annual commitments.
- British International Investment (BII, formerly CDC): UK's development finance institution focused on private sector investment in emerging markets, structurally similar to Proparco. Competes with AFD for climate and infrastructure deals in Africa and South Asia and shares the bilateral DFI mandate.
- US International Development Finance Corporation (DFC): US government's development finance institution providing loans, guarantees, and equity. Comparable to AFD in providing bilateral DFI products to emerging markets and increasingly partnering/co-financing with AFD (e.g., on Pakistan hydropower).
- FMO - Dutch Entrepreneurial Development Bank: Netherlands' bilateral DFI focused on private sector in emerging markets. Directly comparable to Proparco and AFD's private-sector arm in ticket size, geography (Africa, Asia, Latin America), and development impact focus.
- DEG (Deutsche Investitions- und Entwicklungsgesellschaft): German bilateral DFI subsidiary of KfW focused on private sector investments in developing countries. Direct counterpart to Proparco within the German DFI ecosystem and frequent co-investor with AFD Group.
Broad incumbents
- European Investment Bank (EIB): EU's multilateral lending institution and a frequent AFD co-financing partner (e.g., Moldova €641M, Cambodia water). Larger and broader mandate than AFD but shares project-level overlap in development, climate, and infrastructure financing.
- World Bank / International Bank for Reconstruction and Development (IBRD): The largest multilateral development institution, with which AFD frequently co-finances (e.g., REALISE Liberia project). While not a bilateral peer, it competes and partners with AFD for sovereign lending mandates globally.
- African Development Bank (AfDB): Continental multilateral development bank serving Africa. AFD's most active co-financing partner on the continent (e.g., iDICE $617M Nigeria program) and a partial competitor for large African infrastructure and climate deals.
- Asian Development Bank (ADB): Asia-focused multilateral development bank partnering with AFD on Cambodia urban infrastructure ($158M), Philippines blue economy ($235M), and other large programs. Comparable mandate in Asia-Pacific with significantly larger capital base.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Agence Française de Développement social profiles
Digital presenceAgence Française de Développement financial estimates
Financial estimateRevenue estimate
Valuation estimate
Agence Française de Développement leadership team
Management profileNumber of profiles
Profiles3 records
Agence Française de Développement subsidiaries and ownership
Company hierarchySubsidiaries2 records
Agence Française de Développement funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Agence Française de Développement M&A and investment
M&A and investmentM&A
Investments27 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Agence Française de Développement
What does Agence Française de Développement do?
Agence Française de Développement (AFD) is France's inclusive public development bank, providing loans, grants, guarantees, and dedicated financing facilities to sovereign states, local authorities, financial institutions, civil society organizations, and private companies for sustainable development projects in over 160 countries. The AFD Group combines AFD (public sector financing), Proparco (private sector financing), and Expertise France (technical cooperation) to deliver integrated development solutions, complemented by proprietary macroeconomic modeling tools (GEMMES, ESTEEM) and the Campus Groupe AFD training platform.
Is Agence Française de Développement a public or private company?
Agence Française de Développement is a public company. It is classified as state government owned and is currently operating.
When was Agence Française de Développement founded?
Agence Française de Développement was founded in 1941. It employs 1,001 to 5,000 people.
Where is Agence Française de Développement based?
Agence Française de Développement is headquartered in Paris, France, in the Europe region.
How does Agence Française de Développement make money?
Four revenue lines are on record. Loan Portfolio is the primary driver. The others are interest Income, public Subsidies and sustainable Bond Issuances.
Who are Agence Française de Développement's main competitors?
Direct peers on record are KfW Development Bank, Japan International Cooperation Agency (JICA), British International Investment (BII, formerly CDC), US International Development Finance Corporation (DFC), FMO - Dutch Entrepreneurial Development Bank and DEG (Deutsche Investitions- und Entwicklungsgesellschaft). Broad incumbents are European Investment Bank (EIB), World Bank / International Bank for Reconstruction and Development (IBRD), African Development Bank (AfDB) and Asian Development Bank (ADB).
Does Agence Française de Développement have an API?
No public API is recorded for Agence Française de Développement.
What industry is Agence Française de Développement in?
Agence Française de Développement's product category is Development Finance / Public Development Banking. Its primary akta.pro industry code is BPADACAC, National Development Banks & State Development Finance Institutions (DFIs), with a secondary code of BPADABAF, Economic Growth, Trade & Private Sector Development Programs. Its NAICS code is 92812 and its SIC code is 6111.