Proparco - Groupe Agence Française de Développement

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Social and Inclusive Business
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17 September 2019

Proparco signs a loan with Société Générale Burkina Faso to support the country’s SMEs

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Banks and Financial services

Africa

Burkina Faso

Proparco has just signed a EUR 25m subordinated loan which will allow Société Générale Burkina Faso to sustainably strengthen its equity so that it can continue to play a major role in financing SMEs in Burkina Faso.
This financing should soon be combined with the signing of an ARIZ portfolio guarantee.

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12 September 2019

With SME-focussed fintech lender NeoGrowth, Proparco supports the development of MSMEs in India

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Supporting high-potential innovative start-ups

Banks and Financial services

India

Through a $17 million loan granted to the Indian fintech lender NeoGrowth Credit Pvt. Ltd. (NeoGrowth), Proparco will support an innovative financial services player supporting small businesses across the country.

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11 September 2019

Proparco invests in the development of higher education in Africa

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Education

Multi-country Africa

Through a US$7 million investment in the development of a university platform covering several sub-Saharan African countries, Proparco is promoting the growth of a quality educational offer adapted to the needs of local economies.

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4 September 2019

Proparco supports fintech startups in developing countries

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Supporting high-potential innovative start-ups

Investment funds

Multi-country Global

Proparco invested US$2 million in Accion Venture Lab’s new fund, adding together with global nonprofit Accion and a group of third-party impact and commercial investors, $33M to the initial Venture Lab’s capital pool. Since its launch in 2012, Accion Venture Lab has proven itself as a leader in fintech impact investing at the seed stage. This increased capital will allow Accion Venture Lab to further develop its activities in Africa, Asia and Latin America.

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Institutional

4 September 2019

SME Finance Forum : Proparco joins 160 other financial institutions to promote SME Finance

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Proparco became the newest member of the SME Finance Forum, a global membership network that brings together financial institutions, technology companies, and development finance institutions to share knowledge, spur innovation, and promote the growth of SMEs.

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