AFD - 2019 Universal registration document

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PRESENTATION OF AFD

Activities of the Agence Française de Développement Group in 2019

In 2019, Africa remained at the core of Proparco’s geographical mandate and approvals on the African continent reached €1,285M, representing 51% of own account approvals; Latin America and the Caribbean represented €499M, Asia €388M and Europe €81M.

€180M was approved for projects which impact several countries. Proparco devoted 31% of its activity to projects aimed at combating climate change.

Equity stakes and b other long- term securities Other investments Guarantees

Loans

Grants

Total

2019

2019

2019

2019

2019

2019

Country

2 b 018

2 b 018

2 b 018

2 b 018

2 b 018

2 b 018

West Africa

317.1 127.7

2.7 21.8 46.1

-

126.9

-

5.0

-

497.8 149.4

Central & East Africa Southern Africa Multiple countries Sub- Saharan Africa North Africa and Mediterranean Latin America and Caribbean

177.7 91.2

0.4 11.1

0.4

- -

46.3

- -

-

- -

224.9 102.3 63.0 105.1

31.7 95.1 27.2 10.0

-

4.0

0.1

-

15.0

-

27.3

-

50.7

-

-

-

-

-

93.0

254.7 78.4 82.8 21.9

-

1.5 15.7

-

2.1

-

355.3 101.8

386.0 601.9 55.2 43.3 44.6 44.1 13.6

- -

-

- -

499.4 689.2 387.8 166.9

Asia

316.8 124.5 51.4 42.4 13.5

-

6.1

0.1

France’s overseas provinces

-

-

-

- -

- - -

- - - -

-

- - - -

- - -

- - - -

-

-

Indian Ocean

25.0 85.7 81.4 40.0

4.0

11.6

40.6 85.7 81.4 49.8 386.9 71.7

Europe

-

9.8

-

Multi-country

195.1

6.4 95.5 65.3 59.0

26.2

11.2 18.4

TOTAL

1,785.5 1,265.8 319.2 252.9 163.6 96.3 250.4

-

- 2,537.1 1,615.0

infrastructure sector, in second place, represented €623M, accounting for 35% of total approvals. The corporate sector amounted to €271M, representing 15% of own account loan approvals. For the equity investment activity, 59% of approvals involved investment funds and 41% direct investments, primarily dominated by the corporate sector.

In 2019, loans were approved for 40 Ǿ countries (excluding multi- country loans), including at the top of the table Côte d’Ivoire, Tunisia, Argentina, India, Panama, Ukraine, Gabon, Egypt, Turkey and Kenya. The breakdown of loan approvals by sector is very uneven and notable for the dominance of the financial institutions sector with €892M, representing 50% of loan approvals, divided between banks, microfinance and non-bank financial institutions. The

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UNIVERSAL REGISTRATION DOCUMENT 2019

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