Bangladesh and French aid agency Agence Française de Développement (AFD) have signed a €560,000 grant for improving energy efficiency in the country.

French Ambassador to Bangladesh, Marie Masdupuy, co-signed the grant agreement with Bangladesh yesterday, according to a statement of the French embassy in Dhaka.

In 2021, AFD and the Bangladesh Infrastructure Finance Fund Limited (BIFFL) entered into collaboration to support energy efficiency initiatives in the industry.