Proparco has just granted a €50 million loan to Yapı Kredi Leasing. This financing will be entirely allocated to support Yapı Kredi Leasing’s growth in climate finance, funding investments such as Wind Power Plants, Solar Power Plants and Electric Vehicles. This is the highest amount ever granted by Proparco to a leasing company.

Proparco and AfricInvest together approved financing for Lapaire Glasses SA, an optical retail chain offering quality eyewear at a fair price in West and East Africa (Ivory Coast, Benin, Togo, Mali, Burkina Faso and Uganda). USD 2.5M in financing will be made available from AfricInvest and EUR450k from Proparco, through its Bridge by Digital Africa facility, to support the improvement of optical care coverage on a continent where the WHO estimates that 80% of visually impaired people do not receive proper care. AfricInvest and Proparco’s financing will enable Lapaire to improve its territorial coverage in the countries where it currently operates, while ensuring the expansion of its network in Senegal, the D.R. of Congo and Tanzania.

AFD Group and Microfinance Solidaire (MFS) are strengthening their partnership, launched in 2016, through a new €2 million loan to support MFS's activity in favour of partner microfinance institutions and social enterprises.