Proparco invests in Merec, a leading producer of flour and wheat-based products in Mozambique. Through this investment, Proparco will enable the company to finance its development and to invest in the country's first industrial bakery.
This USD 50 million loan is part of a USD 100 million financing syndicated by the German development finance institution DEG.
A unique alliance of over 40 fintech investors and digital finance innovators are today launching investor guidelines aimed at spreading the benefits of the fintech revolution more widely.
Proparco and Yapı Kredi signed €25 million credit facility agreement to finance renewable energy projects in Turkey
Proparco extended a €25 million loan to Yapı Kredi, Turkey’s 4th largest private bank and one of the leading institutions in the financing of renewable energy projects in the country. This loan will further enrich the bank’s commitment for Turkey’s sustainable development.