Proparco, alongside DEG (Germany) and FMO, the Dutch entrepreneurial development bank (Netherlands), is proud to announce the signing of a strategic syndicated financing agreement to support Valency International Group (Valency) in expanding its agricultural and food processing operations in Africa. This financing is in line with Proparco’s mandate to foster sustainable development, economic growth, and poverty reduction through private sector investment in Africa. The partnership will enable Valency to implement key projects that enhance food security, promote sustainable agricultural practices, and contribute to community development.

IDB Invest and Proparco supported pharmaceutical distributor DIFARE in the issuance of Ecuador's first sustainability-linked bond and the first in the pharmaceutical sector in the country. The $50 million issuance with a five-year tenor will be used primarily to finance capital and renewable energy investments. IDB Invest, as anchor investor, will subscribe USD 28.5 million of the bond, and Proparco USD 21.5 million.