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Agence Française de Développement

When a middle class emerges in a country it is a sign of economic development and a balanced distribution of the fruits of economic growth. It is a cornerstone of social and political stability and allows its members to prosper thanks to the fruit of their labour.
The projects that Agence Française de Développement finances in the South underpin this growth. The support to the private sector helps create the employment and added value that is needed for economic development and, consequently, for the emergence of a sustainable middle class. The latter is in itself a source of initiatives, projects and products that fuel growth and contribute to the general well-being. In Africa - a continent that is a priority for our financing - this social class does exist, but there has been little research on it and it is has not been fully grasped.
The “African Middle Classes” project seeks to put a human face on the ground reality of the public development policy that France participates in, and to promote the men and women that are the actors of development. The project takes a completely innovative approach and combines academic research – in which AFD researchers participate – with photographic work. The aim is to draw the attention of citizens to an Africa that is changing, this “Forward-looking Africa” that AFD has been supporting in the field for nearly 70 years.

Henry de Cazotte, Director of External Relations and Communication.


AFD stands for the Agence Française de Développement. AFD is a public development-finance institution that has worked to fight poverty and support economic growth in developing countries and the French Overseas Communities for more than 60 years. AFD executes the French government’s development aid policies.

With offices in more than 50 countries, AFD finances and supports projects that improve people’s living conditions, promote economic growth and protect the planet. AFD-funded projects provide schooling for children, support farmers and small businesses, supply drinking water, preserve tropical forests and fight climate change, among other things.

AFD committed nearly €4.5 billion to financing aid activities in developing countries and the French Overseas Communities in 2008. The funds should help 7 million children go to school, give 4.4 million people access to drinking water and create or save jobs for 370,000 workers engaged in private enterprise; funding for energy efficiency projects will save 3.3 million tons of carbon dioxide emissions per year.

 

AFD Website www.afd.fr

 

 
 
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