AFD is the French development bank. Public and solidary, it is committed to projects that improve the daily lives of populations in developing countries, emerging countries and overseas. The AFD accompanies the transition to a more secure, just and lasting world, a world in common. Its action is fully in line with the Sustainable Development Goals.
Proparco, a subsidiary of the Agence Française de Développement (AFD) dedicated to the private sector, has been involved in sustainable development for 40 years. Present in 80 countries in Africa, Asia, Latin America and the Middle East, it participates in the financing and support of companies and financial institutions.
In recent years, the Agence Française de Développement and Proparco have been heavily approached by the private sector to accompany and support Social Business initiatives in developing countries.
By 2018, the AFD Group intends to raise €100 million to finance projects with societal impacts, attract new committed players and thus foster an inclusive economy.