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The tie-up between Proparco and Digital Africa will strengthen the Choose Africa initiative in supporting early-stage African startups

Rapprochement Proparco-Digital Africa
To meet the needs of entrepreneurs, particularly at the start of their ventures, the Choose Africa initiative will now offer African startups financing and assistance tailored to early-stage development. A total of €130 million will be deployed between now and 2025 in support of African digital startups through collaboration between Digital African and Proparco.
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Proparco supports AktivCo to improve the energy efficiency of telecommunication towers in Africa

telecoms
Access to digital services and mobile network coverage are key issues for developing and emerging economies. An essential condition for meeting these challenges is the reliability of the power supply for the telecommunication network. However, a large number of towers are not connected to the national electricity grid and generally run on fuel generator. Proparco has granted a loan of 16 million euros to support AktivCo, a subsidiary of the Camusat group in 4 projects aimed at the hybridization of telecommunications towers in Burkina Faso, Niger, Côte d'Ivoire and Cameroon, which will allow greater energy efficiency of these services and greater reliability of the telecommunications network.
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Proparco and DEG grant a €25 million line of credit to BCP Bank (Mauritius) to support its development

BCP Bank Mauritius proparco DEG loan
Proparco, a subsidiary of ‘Agence Française de Développement’ (AFD) and its German counterpart DEG, have signed a loan agreement for an amount of € 25M in favour of BCP Bank (Mauritius). This line of credit will help accompany the bank’s international development on medium/long term projects.
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