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Egypt : AFD invests 1.25 billion euros

The French Development Agency has launched its strategy for Egypt until 2025, formulated in cooperation with the Egyptian government. The new strategy is based on a strengthened partnership between AFD and Egypt that will mobilize an additional 1.25 billion euros in the coming years. "The new strategy for Egypt 2025...
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Proparco: Choose Africa exceeds its Initial Target

Four years after the Ouagadougou speech in which French President Emmanuel Macron reaffirmed France's commitment to supporting the entrepreneurship revolution in Africa, AFD Group has exceeded the initial objective of the Choose Africa initiative, with 3 billion euros committed as of December 2021. Nearly 250 local partners are contributing to...
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Co-financing : AfDB and AFD Sign New €2 Billion Partnership Agreement

he African Development Bank Group and the French Development Agency (AFD) have signed a co-financing and partnership agreement to strengthen their relationship and mobilize additional resources for high impact projects in Africa. The five-year agreement (2021-2026) provides for an indicative €2 billion in co-financing for the first three years.The existing...
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Rwanda: Sport and business, a winning combination

Popular with the majority of people, sport is also a driver of growth, as shown by Rwanda’s gamble in this area. This approach is now being emulated elsewhere on the continent. By Dounia Ben Mohamed, in Kigali  Rwanda is slowly but surely joining the arena of African countries hosting major...
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