In 2009, PROPARCO extended its business area to all developing and emerging countries in Asia, Eastern Europe and Latin America. PROPARCO’s mandate in these geographical areas - outside Africa, the Mediterranean, Caribbean and Indochinese peninsula - is in line with AFD’s mandate and France’s official development assistance policy. It involves supporting the private sector and promoting green and inclusive growth. PROPARCO’s financing in these regions aims to combine the two prerequisites for building a model of sustainable development: environmental balance and reducing inequalities.
In order to contribute to this global and long-term target, PROPARCO has chosen to focus its business on four specific sectors:
• the fight against climate change;
• the agribusiness industry, particularly on the topic of food security;
• social sectors, health and higher education;
• water and sanitation
In Asia and Latin America, PROPARCO has 4 offices located at Sao Paulo, Beijing, Bangkok and New Delhi.