March 06, 2015 12:49 PM ET

Diversified Financial Services

Company Overview of Agence Française de Développement

Company Overview

Agence Française de Développement operates as a financial institution in the French overseas territories and developing countries. The company offers a range of financial products and services, including sovereign and non-sovereign loans; grants and subsidies for least developed countries of the priority aid solidarity zone; guarantees to banks providing loans to SMEs; and debt reduction-development contracts that refinance existing official development assistance debt through direct grants to the debtor country. It is also involved in investment activities. The company provides finance for agriculture, local authorities, water and sanitation, education, business and finance, environment, in...

5, Rue Roland Barthes

Cedex 12

Paris,  75598

France

Founded in 1941

561 Employees

Phone:

33 1 53 44 31 31

Fax:

33 1 44 87 99 39

Key Executives for Agence Française de Développement

Chief Executive Officer
Age: 48
Chief Finance & Accounting Officer
Deputy Chief Executive Officer
Chief Economist and Director of Strategy
Controller and Corporate Secretary
Compensation as of Fiscal Year 2014.

Agence Française de Développement Key Developments

The World Bank Group and the Agence Francaise de Developpement Signs Framework Co-Financing Agreement

The World Bank Group (WBG) and the Agence Francaise de Developpement (AFD) signed framework co-financing agreement to provide coordinated assistance to their client countries, with a focus on Africa. This innovative agreement, the first of its kind, will allow the Bank and AFD, acting as co-lenders, to better collaborate by streamlining the requirements that countries would need to comply with during implementation of projects.

Agence Française de Développement Appoints Anne Paugam as Chief Executive Officer

Mrs. Anne Paugam, Inspector General of Finances, was appointed Chief Executive Officer of Agence Française de Développement (AFD) by the French Council of Ministers on May 29, 2013. This decision follows her hearing before the Foreign Affairs Committees of the French Senate and National Assembly on May 22, 2013. Mrs. Paugam joined AFD in 2002, where she held responsibilities in strategic management (creation and management of the Strategic Steering and Forward-looking Department) and operations (Director of the Department that finances projects in the education, vocational training and health sectors). She was subsequently appointed Secretary General and member of the Executive Committee responsible for the budget, resources, finance and risks. Since 2010, she has been Inspector General specialized in development at the Inspectorate General of Finance, where she regularly consults with the administrations responsible for the bilateral and multilateral Official Development Assistance policy. She has managed missions on international topics, such as the challenges for aid, and participated in the report on French public expertise operators at international level, prepared at the request of the Parliament under the chairmanship of the State Councilor, Mrs. Christine Maugüé. She will be taking up her position as head of AFD in June.

KMRL Mulls Financing

Kochi Metro Rail Limited (KMRL) is holding preliminary discussions on March 18, 2013 with the representatives of Agence Française de Développement (AFD) to consider alternative funding for the Metro project. The next round of discussions with KMRL authorities will be held on March 19, 2013. Elias George, KMRL managing director, has been entrusted to find other funding options for the project as advised by the Department of Economic Affairs, as reportedly the loan from Japanese International Cooperation Agency may take about a year to materialize.

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