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France by Rudi Wulf


									                                IFC and France
                                Reducing Poverty Together

                                         PartnershiP Overview

                                         France is a member of IFC since 1956. France partners
                                         with IFC in providing technical assistance and advi-
                                         sory services to the private sector and governments
                                         in the developing world with the aim of reducing
                                         poverty through private sector growth. IFC’s main
                                         counterpart in this work are the Treasury in France’s
                                         Ministry of Economy, Finance and Industry and the
                                         Ministry of Foreign Affairs.

            FOr MOre                     France partners with IFC in Sub-Saharan Africa and in the Middle East
            inFOrMatiOn:                 and North Africa. In Sub-Saharan Africa, the partnership between IFC
                                         and France focuses on driving the development of the private sector
Small and Medium
Enterprise Department
                                         through building up the capacity of small and medium enterprises,
International Finance Corporation        improving the investment climate, and attracting foreign direct invest-
2121 Pennsylvania Avenue, NW
Washington, DC 20433                     ment. France also supports IFC’s efforts to help African companies
USA                                      become more sustainable and competitive by sourcing and providing
Phone: + 1 202 473 1400                  experienced managers and client-specific training to local work forces.
                                         In the Middle East and North Africa, IFC and France support small
                                         and medium-sized enterprises; facilitate access to finance; help to
Ministry of Foreign Affairs
37, Quai d’Orsay                         restructure and privatize state-owned enterprises; and strengthen
F - 75351 Paris                          public-private partnerships.

Phone: + 33 1 43 17 53 53
                                         In addition, France supports IFC’s advisory work with governments in
                                         the developing world to make their countries attract and retain more
Ministry of Economy,                     foreign direct investment as well as helping IFC promote global, regional,
Finance and Industry                     and local initiatives to improve the institutional framework and practices
Agence France Trésor - télédoc 287
139 rue de Bercy                         of corporate governance in developing countries. France also supports
75572 Paris Cedex 12
                                         IFC’s Technical Assistance Trust Fund, which provides funding for
                                         short-term, targeted interventions aimed at private sector development.
Phone : + 33 1 40 04 15 00

IFC and France
Reducing Poverty Together

        reCent hiGhLiGhts

        France Supports the OECS Submarine Cable Project in the Caribbean
        Through EU financing, Global Caribbean Network, a private company, has been awarded a contract by
        the Region of Guadeloupe to build and operate a Broadband network from Guadeloupe to an international
        gateway in Puerto Rico. France in FY06 supported the development of a study into the technical and financial
        feasibility of a possible extension of the existing broadband network in the Caribbean in the North to St Kitts
        and Nevis, Antigua and Anguilla; extension in the South could include Martinique, St Lucia, St Vincent and
        the Grenadines, and Grenada.

        Helping the Private Sector in Madagascar Export to International Markets
        France is one of IFC’s key partners in driving the development of the private sector in Sub-Saharan Africa.
        Part of this work concentrates on helping African companies to be able to compete on international markets.
        In FY06, France played an important role in allowing IFC to fulfill its mission in this regard by supporting its
        SME Export Program in Madagascar, helping small and medium-sized enterprises there to be able to export by
        helping them meet international exporting standards, enhance their technical capacity, and better understand
        their markets.

For more information, visit                                                           Last updated: November 2006

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