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Article R515-5 of the French Monetary and Financial Code

The Agence française de développement, hereinafter referred to as “the Agency”, carries out a permanent public interest mission within the meaning of Article L. 511-104. It may carry out banking operations relating to this mission under the conditions defined by this section.

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Article R515-6 of the French Monetary and Financial Code

The Agency is a State-owned industrial and commercial public body, the tasks and organisation of which are set out in this section. Its mission is to carry out financial operations of all kinds with a view to : a) Contribute to the implementation of the State’s development aid policy abroad; b) Contribute to the development of the overseas departments and collectivities and New Caledonia. To this end, it finances development…

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Article R515-7 of the French Monetary and Financial Code

The Minister for Cooperation chairs a Strategic Orientation Council made up of the State representatives on the Board of Directors. The Minister may invite the Chairman of the Board of Directors and the Chief Executive Officer of the Agency to attend. The Strategic Orientation Board coordinates the preparation by the State of the contract of objectives and resources binding the agency to the State and monitors its implementation. Before they…

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Article R515-8 of the French Monetary and Financial Code

The agency’s aid may be granted in the form of loans, advances, equity investments, guarantees, donations or any other form of financial assistance. These loans may be granted to governments, international organisations, public or private legal entities, in particular non-governmental organisations involved in development, or individuals.

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Article R515-9 of the French Monetary and Financial Code

The Agency’s financial aid abroad is allocated in the States of the priority solidarity zone determined by this committee pursuant toarticle 3 of decree no. 98-66 of 4 February 1998 creating the Interministerial Committee for International Cooperation and Development. They may also be granted : a) On authorisation given by a joint decision of the Minister of Foreign Affairs, the Minister for the Economy and the Minister for Overseas France,…

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Article R515-13 of the French Monetary and Financial Code

The agency may represent French or foreign finance companies and credit institutions, as well as the European Union, States or international institutions or bodies under agreements entered into with them. It may also manage operations financed by the European Union, States or international institutions or bodies under agreements concluded with them. The agency may, by agreement, entrust the entities mentioned in the previous paragraph with the management of operations that…

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