After a pilot Trade Finance project launched in 2017 with Ecobank Group subsidiaries in Mali, Burkina Faso, Guinea and Côte d'Ivoire (and their French subsidiary as confirming bank), PROPARCO has just signed a USD 10M Trade Finance Guarantee Programme with Ecobank Liberia Limited (ELR). The event was held in the presence of Jean-Yves Le Drian, Minister of Europe and Foreign Affairs of France, Dee-Maxwell Saah Kemayah Sr, Minister of Foreign Affairs of Liberia, Michaël Roux, Ambassador of France to Liberia and Christophe Cottet, AFD’s Country Director for Ghana and Liberia.

Over 200 businesses in the developing world received investment over the last three years.

During the visit to Côte d’Ivoire by Mr. Franck Riester, the French Minister Delegate for Foreign Trade and Economic Attractiveness, PROPARCO and the financial institutions ADVANS-CI, ECOBANK-CI and Société Ivoirienne de Banque (SIB) today signed new MoUs to support Ivorian companies affected by the crisis. These partnerships will allow the deployment of the Choose Africa Resilience guarantee set up in response to the crisis.