News
Absa Mauritius secures USD 75 million financing from Proparco to bolster climate finance
Absa Bank (Mauritius) Limited (“Absa”), a leading financial institution established in 1919 and a subsidiary of Absa Group Limited, has secured $75 million in senior debt financing from Proparco. The...
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Union J.Plus: a key player in plastic recycling in Thailand
Every year, Thailand generates more than 2.5 million tonnes of plastic waste, of which barely 25% is recycled. The rest often ends up in landfills – or, worse, in natural ecosystems, particularly mari...
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First Indonesian JETP solar project mobilises USD 60 million as investment momentum builds
DEG, the German development financing institution, Proparco and Standard Chartered announce their agreement to finance the 92MWp Saguling floating solar project developed by PLN IP and ACWA Power. Pro...
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Proparco and Société Générale Senegal reaffirm their joint commitment to financing Senegalese MSMEs
Proparco and Société Générale Senegal (SGSN) continue to strengthen their partnership with the signing of a new ARIZ guarantee aimed at facilitating access to credit for micro, small and medium-sized...
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In Turkey, Proparco and İşbank are continuing their partnership to support climate finance
Long-standing partners Proparco and İşbank have just signed a financing agreement to support İşbank's climate and entrepreneurship activities. The €100 million credit line granted by Proparco will ena...
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In Mexico, EDILAR develops educational tools and trains teachers, with support from Proparco
In late 2024, Proparco renewed its commitment to EDILAR, a company that provides educational content and tools for nursery, primary and secondary school teachers in Mexico, mainly in the public educat...
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SUEZ is innovating to improve access to essential water services
The strategic importance that the SUEZ group attaches to innovation is reflected in increased resources and a specifically designed organisation chart. Innovation at SUEZ underpins the transformation...
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Casablanca: a revolution in connected waste with Arma
In the heart of Casablanca, urban waste management operator Arma is reinventing waste collection using leading-edge technology and a virtuous development model. Focus on a business that goes beyond lo...
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Vietnam: Proparco and FMO provide USD 80 million financing to SeABank for sustainable SME
Proparco and FMO, the Dutch Entrepreneurial Development Bank have signed an agreement to finance US$80 million in Southeast Asia Commercial Joint Stock Bank (SeABank). This funding aims to support sma...
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Proparco partners with Pahal Financial Services to support financial inclusion and expand access to microfinan...
Pahal Financial Services Pvt. Ltd. (“Pahal”), a leading microfinance and MSME lender dedicated to providing financial inclusion to underserved communities in India, has successfully raised EUR 12.4MM...
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Enhancing water security in Africa : Metito’s mission in action
Metito, a leader in water management solutions, has addressed water scarcity across Africa since its founding in 1958. Specializing in desalination, wastewater treatment, water reuse, and industrial s...
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Coris Bank International Chad joins the Trade finance program of Proparco
Proparco is pursuing its efforts to secure the supply of essential products in several African countries and is consolidating its long-standing partnership with Coris Bank International by including t...
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Clime Capital launches SEACEF II, an innovative fund to boost low-carbon transition in Southeast Asia
Clime Capital has just closed its second fund, bringing together philanthropic, public and private capital. Its aim is to invest at a very early stage in businesses that contribute to accelerating the...
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Proparco partners with CRDB Bank to boost MSME growth in Tanzania with €48 Million in new guarantees
Proparco renewed its strategic partnership with CRDB Bank Plc, Tanzania’s largest financial institution, by granting two new guarantees worth €24 million each, totaling €48 million. This collaboration...
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In Southeast Asia, GreenYellow makes full use of solar energy
GreenYellow is a French company specialising in the energy transition and an expert in decentralised solar photovoltaic production. Created in 2007 and supported by Proparco, it helps its customers re...
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Drinking water for rural and semi-urban areas in Africa: the need for private sector involvement
The drinking water sector in semi-urban and rural Africa has long been considered unprofitable and has not attracted the interest of the private sector. However, over 50% of the continent's population...
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CaixaBank joins Proparco’s trade finance program to strengthen trade flows in Africa
Proparco is proud to welcome CaixaBank as the first Spanish bank to join the Trade Finance Guarantee Programme as a confirming bank, reinforcing efforts to bridge Africa’s trade finance gap. This part...
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Proparco grants €1M technical assistance to Equity Group Foundation to help Kenyan smallholder farmers transit...
Proparco and Equity Group have signed an agreement today, granting technical assistance of one million euros to Equity Group Foundation (EGF) for the implementation of its high-impact project, “Climat...
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Peru: an investor pool, led by Linzor Capital Partners, acquires the telecom provider Win, to connect underser...
Linzor Capital Partners, AC Capitales, DEG and Proparco, along with other investors, are acquiring the Peruvian company Win, which will connect underserved and low-to-middle income areas. A high-stake...
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