Thematic

  • -Tout-
  • COVID-19
  • Socioeconomic and territorial equality
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  • Gender equality
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With USD 1B worth of investments, Proparco marks 15 years in Nigeria

Lagos September 2023
Lagos, 28 September 2023 - Proparco, a French development finance institution, is proud to mark 15 years of operations in Nigeria with a total of USD 1B invested over the period. Since its inception in Nigeria in 2008, Proparco has focused its efforts on partnering with local and pan-African financial institutions, investment funds, growth stage companies as well as startups within the renewable energy, agribusiness and tech space. The goal of these investments is to improve the lives of Nigerians by providing access to essential needs such as electricity and financial services.
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Proparco signs agreement to provide $20-million financing to Satya MicroCapital in boost to women entrepreneurs’ financial inclusion

satya india microfinance women entrepreneurs
The French Development Agency’s private sector financing arm, Proparco, today signed an agreement of 20 million USD to support Satya MicroCapital’s commitment to empowering women entrepreneurs in rural India through greater access to financing. The signing ceremony took place at the Embassy of France in New Delhi, in the presence of the new Ambassador-designate of France to India, H.E. Mr Thierry Mathou.
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Ghanaian Agritech Startup, Complete Farmer Raises $10 million Pre-Series A to Drive Expansion Plans

Complete-farmer-inauguration
Complete Farmer, an end-to-end digital, agricultural marketplace that connects African farmers and global industries to competitive markets, resources, data, and each other on a single platform, raises $10 million in a Pre-Series A funding round of equity and debt. The equity portion of the round was co-led by the Acumen Resilient Agriculture Fund (ARAF) and Alitheia Capital via its uMunthu II Fund in partnership with Goodwell Investments, who were joined by Proparco, Newton Partners and VestedWorld Rising Star Fund. Debt financing was provided by Sahel Capital’s SEFAA (Social Enterprise Fund for Agriculture in Africa) Fund, Alpha Mundi Group through its Alpha Jiri Investment Fund and Global Social Impact Investments, to fund both CAPEX and working capital investments in support of short and long-term growth. 
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