At the Africa Financial Industry Summit in Casablanca, Proparco and Baobab Côte d’Ivoire, the leading microfinance institution in the country, announced a new partnership. The agreement includes a senior credit line of €15 million and an EURIZ guarantee of €4 million, aimed at supporting the agricultural sector and enhancing food security in Côte d’Ivoire.

On the occasion of the Africa Financial Summit (AFIS), CRDB joins forces with Proparco and FMO to increase green lending and support for agricultural value chains. Through this joint transaction, CRDB is contributing to the 2X Challenge initiative in support of gender-equality. Proparco has structured this USD 125m financing to CRDB Bank alongside FMO, the Dutch entrepreneurial development bank, with Proparco contributing USD 50m and FMO providing USD 75m.

IHS Holding Limited, (NYSE: IHS) (“IHS Towers”), one of the largest independent owners, operators, and developers of shared communications infrastructure in the world by tower count, has successfully issued USD 1.2 billion of new Notes. IFC, EAIF and Proparco acted as anchor investors to provide support to the transaction and catalyse private investment.