PROPARCO is a subsidiary of AFD whose aim is to foster the emergence of a strong, dynamic and innovating private sector in favour of sustainable development in developing countries.
L’Agence Française de Développement
The French Development Agency (AFD) fights again poverty and fosters growth in developing countries and the French Overseas Provinces. Through grants, loans, guarantee funds and debt reduction-development contracts, it helps its Southern partners in capacity-building.
CFAO is a front-ranking specialized distributor and preferred partner of major international brands, serving the high-potential equipment and services, healthcare and consumer goods markets in Africa and the French overseas territories.
The Group is active in 39 countries, including 34 African countries and 7 French overseas territories. It employed 12,000 people at end-2014.
For more than 20 years, the Monacan government has carried out a policy of international cooperation and has made the fight against poverty its main priority.