Two major players in development finance
They are two major players in global development financing: the German development bank KfW, and the have been working towards the same goals for many years when combating poverty, protecting the climate and supporting development in countries in Africa, Asia, the Middle East and Latin America.
On 4 April, the two banks signed a new agreement aimed at intensifying their strategic and operational partnership in the future.
Joint projects between AFD and KfW
The two development banks can look back on a long-standing partnership: in the last ten years they jointly facilitated more than 50 projects and co-financing operations that contribute to improving the economic, social and ecological living conditions of people all over the world. To this end, the two institutions have so far invested EUR 6 billion in total.