Adeline Lemaire

Investment officer


Adeline Lemaire graduated from ESSEC and has been working at Agence Française de Développement since 2003 where she began as an infrastructure and urban development project manager in Senegal. She went on to work in the Infrastructure and Urban Development Department at headquarters before joining Proparco’s Private Equity team as an investment officer in 2008. She has made a total of some EUR 70 million of equity investments in several funds, including in clean tech and infrastructure funds in Africa and Asia.

Published articles


Proparco is a subsidiary of the AFD Group focused on private sector development. It has been promoting sustainable economic, social and environmental development for over 45 years.

Proparco provides funding and support to both businesses and financial institutions in Africa, Asia, Latin America and the Middle-East. Its action focuses on the key development sectors: infrastructure, mainly for renewable energies, agribusiness, financial institutions, health and education. Its operations aim to strengthen the contribution of private players to the achievement of the Sustainable Development Goals (SDGs) adopted by the international community in 2015.

To this end, Proparco finances companies whose activity contributes to creating jobs and decent incomes, providing essential goods and services and combating climate change.