Agence Française de Développement

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Projects step by step

Project selection

Applications for project funding are submitted by the local contracting authorities to the AFD offices that identify the project. <Find out more>

Project cycle

The seven Key Phases: Identification phase, Feasibility study, Appraisal and financing plan, Financing decision, the loan or grant agreement, Monitoring and supervision phase, Completion report (internal) and evaluation (external). <Find out more>

Ex post project evaluations

AFD has consolidated its evaluation mechanism with the dual objective of enhancing its accountability and transparency by extending the practice of independent evaluation and sharing evaluation results, and by putting a greater emphasis on evaluation in all intellectual production, contributing to capitalization on methods and tools and participating in strategic piloting. <Find out more>

AFD's Financing Tool Set

Of all bilateral development banks, AFD and its subsidiary, Proparco, combine grants with the widest range of traditional and structured financial instruments. They include grants through private equity, as well as the most innovative credit and capital risk underwriting techniques. AFD’s special expertise is known as “financial engineering". <Find out more>