Proparco is providing a €500,000 grant to NETIS to finance hydrogen-based electricity generation equipment (produced on site using water) to replace generators. The aim of the project is to reduce the carbon footprint emitted by the electrical infrastructure of telecoms towers by replacing generators powered by combustion engines with green solutions based on hydrogen and fuel cells. Thanks to this innovative solution, telecoms operators will be able to improve the reliability and availability of their network using a renewable energy source.

Proparco provides Davr Bank with a senior debt up to USD 20 million to support its financing of individual entrepreneurs and microenterprises, and increase women’s access to the financial products offered by the bank, as part of the 2X Challenge.

For the first time, Proparco has granted a 7.5 million euro loan to Serbian financial institution 3Bank, which specializes in financing small farmers and very small businesses in Serbia.