2024 – Proparco's year in 10 flagship projects
published on 28 March 2025
In 2024, Proparco stepped up its commitments to a sustainable and resilient economy, and to the environment, socio-economic stability and gender equality. A selection of ten of our most representative projects, brought together in a downloadable brochure, illustrates the diversity and impact of the financing provided as part of our multi-year strategy.
Over the past year, Proparco continued to support its clients along their journey to sustainability by supporting innovative initiatives, as illustrated in Turkey with Sanko’s textile fabric recycling project, in association with a French industrial partner. The AFD Group’s private sector arm has also strengthened its commitment to boosting access to essential quality goods and services: Proparco acted as anchor investor in the bond issue of IHS Holding Limited, one of sub-Saharan Africa’s biggest suppliers of telecom towers.
=> Download our brochure “2024, one year, 10 flagship projects”
Pour mieux prendre en compte la réalité de ses géographies d’intervention et adapter ses réponses aux besoins des clients, Proparco différencie ses approches. Dans une année marquée par de fortes tensions géopolitiques, cette sélection de projets illustre également la capacité de Proparco à relever les défis des contextes les plus fragiles, et ainsi contribuer à la stabilité économique et sociale de ces régions. Ces projets s’attachent en effet à répondre à des besoins essentiels : renforcer la sécurité alimentaire, garantir l’accès à une électricité fiable ou encore promouvoir l’inclusion économique et sociale, notamment celle des femmes.
In Pakistan, our partnership with the Karandaaz microfinance institution helps to improve women’s access to entrepreneurial opportunities. In Africa, One Acre Fund operates in nine different countries across the continent supporting smallholder farmers. This project is designed to improve food security and agricultural yields for rural communities. Proparco has also acquired a stake in Beacon Power Services, a start-up specialising in software solutions for managing African electricity grids.
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As part of its 2023-2027 strategy, Proparco now focuses on three strategic objectives: For a more sustainable and resilient economy both on the African continent and in the most vulnerable regions, For our planet, and For greater equality in all of its geographies.
=> Download our 2023-2027 strategy
Lastly, this selection highlights the key role played by Proparco in mobilising local and international private investors to achieve the Sustainable Development Goals. It does this using clearly defined levers: risk sharing and blending arrangements, financial structuring and innovation support, and through an anchor investor role. This is the context in which Proparco is providing local currency financing for the project to build and operate the Rio Cobre potable water production plant, located in the suburbs of the capital Kingston.
