Tip: Activate javascript to be able to use all functions of our website

Two major players in development finance

They are two major players in global development financing: the German development bank KfW, and the French development bank AFD 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.

The partnership between AFD and KfW

Rémy Rioux and Joachim Nagel talk about the long-standing partnership between the two development banks.

Play video (9:23 min.)

Friendship between the German and the French is alive and well

Development and cooperation are the foundations of the European unification process - they were already firmly anchored in the Schuman Plan and the Treaty of Rome. In view of the global challenges posed by climate change and sustainable development, they still provide the framework for powerful impetus for shaping Europe through the Franco-German partnership.

Read more

Staff exchange

The proximity and close cooperation between KfW Development Bank and the French AFD is also reflected in their personnel policy: since 1994, the two institutions have been exchanging staff who work in the respective partner bank for about two years.

Read more

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.

Joint evaluation of projects

AFD and KfW are not only looking for solidarity when it comes to co-financing projects – the joint evaluation of projects is also part of their cooperation, as can be seen from the example of the mid-term evaluation of a reform financing project in the Jordanian water sector.

Read more

Interview

Questions to Rémy Rioux (CEO of AFD)

Rémy Rioux answers questions about the partnership between KfW and AFD and its new partnership agreement.

Play video (1:34 min.)

Joachim Nagel (Member of KfW's Executive Board)

Joachim Nagel answers questions about the partnership between KfW and AFD and its new partnership agreement.

Play video (1:30 min.)