Agence Francaise de Developpement is a government agency based in Paris, France. Established in 1941, the agency acts to fight poverty and to favor the development in the countries of the South and in Overseas. AFD finances and accompanies projects that improve living conditions populations, support economic growth and protect the planet, schooling, maternal health, support for farmers and small businesses, water supply and preservation of the rainforest. The assets are managed by an 18-member Board of Directors.Agence Francaise de Developpement's investment portfolio is valued at over EUR40.76 billion, with investments in domestic and international equity, fixed income, and private equity.