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IFC, British International Investment, and Proparco Partner to Support Sonatel's Telecoms Expansion in Senegal

Sonatel 2024 - OK
To accelerate Senegal's digital transformation, IFC and partners British International Investment (BII) and Proparco today announced a financing package for Sonatel to improve essential telecommunications infrastructure in the country and expand access to reliable, affordable mobile and fixed broadband services.
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Proparco and FISEA+ support Amethis MENA Fund II to improve environmental and social risks management

Photos - Amethis
Proparco, through FISEA+, is allocating a €400 000 Technical Assistance (TA) facility to Amethis MENA Fund II. Among other objectives, the projects implemented directly through the TA facility will strengthen the environmental, social and governance (ESG) transformation of 10 to 12 portfolio companies of the MENA II fund. This financing is a part of the French Choose Africa initiative implemented by the AFD Group.
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In 2023, Proparco committed nearly €2.7 billion in financing, 40% of which included climate co-benefits

Proparco, AFD Group's private sector arm, has announced a record level of activity with almost €2.7 billion committed to finance over 200 projects in the regions in which it operates. Africa, Climate and Gender were the key focuses of Proparco's activity in 2023, the first year of deployment of its new “Acting together for greater impact” strategy, whose three strategic objectives comprise acting for a more sustainable and resilient economy, acting in favour of the climate and biodiversity, and acting for greater equality.
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2023: Proparco’s new strategy, Year 1

Proparco - Impacts 2023
2023 was marked by the launch of Proparco's 2023-2027 strategy, "Acting together for greater impact". Our two new publications – "The Essential" and "Top 10 projects in 2023" – illustrate the diversity and impact of the financing committed to the strategic focuses. Some explanations...
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