The AFD Group in Bangladesh
►Agence Française de Développement (AFD)
AFD is an inclusive public financial institution and the main actor in France’s development policy. It supports projects that genuinely improve the everyday lives of people, in developing and emerging countries and in the French overseas territories.
AFD works in many sectors – energy, health, biodiversity, water, digital technologies, training – and promotes the transition to a safer, more equitable and more sustainable world: a world in common. Its action is fully in line with the Sustainable Development Goals (SDGs).
Through its network of 85 agencies, AFD operates in 109 countries and is currently supporting over 3,500 development projects. In 2017, it committed EUR 10.4bn to finance these projects.
AFD’s commitment to Bangladesh
AFD has been working in Bangladesh since May 2013, with a mandate to promote a green and inclusive growth. AFD operates in Bangladesh through subsidised loans and also mobilises European funding, in the form of grants. Over the past five years, more than Euros 360 million have been committed.
With a mandate matching the Bangladeshi government’s priorities, AFD’s interventions are based on the following areas of cooperation:
Encourage sustainable urban mobility
Improve access to drinking water for all
Strengthen the electricity distribution networks
Promote CSR in the textile industry.
Learn more about AFD in Bangladesh: https://www.afd.fr/en/page-region-pays/bangladesh
House-50, Road-23, Block-B, Banani, Dhaka-1213 | BANGLADESH
Tel: (+88) 017 08 52 08 74
Click here to send email
Proparco, a subsidiary of AFD dedicated to providing funding for the private sector, has been promoting sustainable economic, social and environmental development practices for the past 40 years. Proparco first worked in Bangladesh in 2013. Since then, USD 120 million have been granted to four financial institutions and two companies. Bank financing provides support to the textile sector, SMEs, as well as renewable energy and energy efficiency projects. The two companies operate in the telecom and textile sectors, and Proparco’s financing is aimed at improving their environmental performance. Proparco also participates in co-financing a capacity-building programme for local banks in the area of environmental and social risk analysis.
Philippe SERRES – Regional Manager for South Asia – Click here to send email