AFD - 2019 Universal registration document

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PRESENTATION OF AFD

Activities of the Agence Française de Développement Group in 2019

AFD’s performance can be highlighted in this context as it was the Agency’s best year since its establishment on the continent in 2007 (€1.6bn in approvals and €1.2bn in signatures in 2016). AFD’s activity in the Orients was stable in 2019 It mainly took the form of sovereign loans. Grants represented 7% of commitment approvals in 2019. In this respect, €79.2M was committed as part of the MINKA initiative for the Middle East. 11% of Orients commitments for 2019 mobilised funds delegated by third parties to AFD. The use of European delegated funds increased strongly in 2019 compared to previous years: almost €280Mwas mobilised, notably to support the implementation of projects in Eurasia (51% of the delegated funds in 2019) and the Middle East (23% of delegated funds in 2019). We can note the use of the EU’s Facility for Refugees in Turkey (FRIT) for almost €150M

and financing via the Green Fund for the Climate of a water and food safeguard project in Gaza (€32M). Commitment approvals in foreign states in the Three Oceans zone reached €0.58bn in 2019 compared to €0.29bn in 2018, up 99% compared to 2018. The activity in the Dominican Republic saw a very strong increase with significant public policy loans for sustainable transport (€250M). AFD also maintained its support at a high level in Mauritius, notably for airport infrastructure on Rodrigues Island to guarantee the regional continuity with the capital island and the security of air links. The Agency also significantly increased its grant approvals to the Comoros (€51.5M in 2019 compared to €0.5M in 2018) as part of the implementation of the France-Comoros development plan (€150M over 3 Ǿ years).

BREAKDOWN OF AFD’S APPROVALS BY SECTOR OF ACTIVITY The 2018 and 2019 approvals including budgetary aid, guarantees given, loans, grants and investments in ongoing operations are shown as follows, by branch of activity:

2019

2018 % of the 2019 total % of the 2018 total

In millions of euros

Agriculture and food safety

489 911 682 822

731 898 182 658

5% 9% 7% 8%

9%

Water and drainage

11%

Education and vocational training Environment and natural resources Infrastructure and urban development

2% 8%

3,400 1,058 1,208

2,776 1,115 1,223

34% 11% 12%

34% 14% 15%

of which transport

of which energy

of which development and urban management of which infrastructure and miscellaneous social services

601

102

6%

1%

456

326

5% 1% 3%

4% 0% 5%

of which other

76

10

Healthcare and AIDS prevention Business, Industry and Trade

325

435

1,637 1,623 9,889

1,483

17% 16%

18% 12%

Other and multiples sectors

992

TOTAL

8,156

100%

100%

Information about loans does not include the status of AFD loans to Proparco.

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UNIVERSAL REGISTRATION DOCUMENT 2019

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