United News of Bangladesh

In 2022, AFD and the Economic Relations Division of the government of Bangladesh signed a host country agreement (HCA) for the establishment of AFD activities in Bangladesh, a successful outcome of years of negotiations between the French and Bangladesh governments. This was a crucial step which came after 10 years of operation and over 20 projects financed in the country, said a media release on Tuesday. Agence Française de Développement (AFD) Group is a public financial institution that funds, supports and accelerates transitions towards a more just and sustainable world. Read more: Govt to honour expats through National Expatriate Day: Momen AFD has become a major development partner of Bangladesh. For the single year of 2022, €278.3 million (loans and grants) were approved, and an unprecedented amount of €183.5m was disbursed. “AFD has more than doubled the amount of its financing in the course of the last three years. This only bears witness to the trust between our two countries, France and Bangladesh. It is also thanks to the efforts of dedicated actors, AFD staff together with our colleagues of the Economic Relations Division of the Ministry of Finance of Bangladesh, that all this was possible. We look forward to continued cooperation between AFD and the ERD, our two countries, for the benefit of the citizens of Bangladesh that both our governments serve,” AFD Country Director for Bangladesh, Benoit Chassatte, said.

Ambassador of France to Bangladesh Jean-Marin Schuh and Project Officer ii-charge of the water and sanitation sector of the Agence Française de Développement (AFD) in Dhaka Fanny Nesen have visited the Dhaka Water Supply and Sewerage Authority (DWASA) headquarters.

France will provide a concessional loan of 150 million euro to support Bangladesh with its cash transfer programmes and COVID-19 responsiveness.