News
Metier-led consortium invests US$36 million into AMN to expand coverage in remote rural Africa
A consortium led by Metier, an independent African private equity fund manager, has invested US$36 million into Africa Mobile Networks Ltd (“AMN”). The consortium includes CDC Group (the UK’s developm...
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IDB Invest, Proparco, FinDev Canada and Sofisa support SMEs in Brazil by facilitating access to financing
IDB Invest, a member of the IDB Group, has provided financing for US$200 million to Banco Sofisa S.A. (Sofisa) in Brazil, together with Proparco and FinDev Canada. The proceeds will contribute to incr...
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Partnerships between civil society and the private sector to protect sensitive regions
The CEPF is a fund specialised in supporting partnerships between environmental protection associations and economic stakeholders. When civil society comprises a wide range of organisations - a divers...
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Proparco invests in Bank of Palestine to foster inclusive growth in Palestine
Bank of Palestine (BOP) and Proparco jointly announced today the signing of an agreement that will see FISEA (the AFD Group fund advised by Proparco), invest USD 12 million in Bank of Palestine throug...
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In Ecuador, PROPARCO has signed two new projects in the agribusiness and telecoms sectors
By allocating a USD 15m loan to SONGA, a shrimp producer, and a USD 25m loan to Phoenix Tower International Ecuador (PTIE), a telecoms company, PROPARCO has reiterated its support to Ecuador’s private...
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Proparco and National Bank of Iraq have signed a $10 Million Trade Finance Guarantee
Proparco has just granted a trade finance guarantee for $10 million to National Bank of Iraq (NBI). This project is the first collaboration between Proparco and NBI and will support local importers in...
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Launching a New Global Industry Body that Convenes the Entire Spectrum of Investors to Promote Gender Lens Inv...
Some of the largest household names in the global investment industry today announced that they would be backing a new industry body set up to promote investment in women.
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Proparco, IFC, DEG and DFC Support South African COVID-19 Vaccine Maker, Aspen
To support the development of vaccines for African countries, Proparco, IFC, DEG - the German development finance institution, and the U.S. International Development Finance Corporation (DFC) today an...
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Proparco 2020 Sustainable Development Report: A focus on Proparco’s project monitoring, its impact on gender ...
How does Proparco monitor the real impact of its projects? What impact do they have on female employment, and what measurement indicators has Proparco adopted? What does its extra-financial offer “PRO...
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Proparco participates in Berkeley Energy’s new Africa Renewable Energy Fund II
The €130 million fund will focus on the development, construction, and operation of renewable energy assets and technologies across Sub-Saharan Africa.
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Recommendations for integrating biodiversity into the wind energy sector in emerging market countries
Renewable energy is essential to achieving sustainable development, and wind energy can provide competitively priced electricity, while helping to reduce climate change impacts. Yet its impacts on bio...
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G7 DFI and multilateral partners to invest over $80 billion into African businesses over the next five years
The G7 DFIs, the IFC, the private sector arm of the African Development Bank, EBRD and the European Investment Bank today announced that they were committed to investing $80 billion in the private sec...
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IVORY COAST : Proparco and EAIF partner to finance the first biomass plant with grid injection in Africa
During the visit to Côte d’Ivoire by Mr. Jean-Yves Le Drian, the French Minister for Europe and Foreign Affairs, Proparco and the Emerging Africa Infrastructure Fund (EAIF) have closed a 165M EUR proj...
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Proparco and Ecobank Liberia have signed a USD 10M Trade Finance guarantee
After a pilot Trade Finance project launched in 2017 with Ecobank Group subsidiaries in Mali, Burkina Faso, Guinea and Côte d'Ivoire (and their French subsidiary as confirming bank), PROPARCO has just...
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“Choose Africa on air” webcast: spotlight on entrepreneurial Africa
This event brought together a number of Proparco’s key economic stakeholders, entrepreneurs, experts and financial partners, both in a studio and via a live link-up from Africa. It was an opportunity...
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Global gender finance initiative sets ambitious new $15 billion fundraising goal after securing more than doub...
Over 200 businesses in the developing world received investment over the last three years.
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The Nature Conservancy: using technology to protect tuna stocks
Climate change, pollution, and overfishing are putting enormous pressure on the Pacific. Against this background, the eight island nations that make up the Nauru Agreement (PNA) – which controls 70% o...
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Proparco supports the growth of the Vitalis Group, a leading pharmaceutical company in Latin America
Proparco, alongside Acon Investments, DEG and FMO, acquired the Vitalis Group (Vitalis), a leading manufacturer and distributor of generic injectable pharmaceuticals with production facilities in Colo...
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Evolving in order to provide more effective solutions to environmental challenges
Veolia’s historic mission and the development of its businesses have made it a stakeholder who wishes to actively contribute to reducing anthropogenic environmental pollution. Like all industrial busi...
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Proparco supports the development of Global Tea in Kenya and Malawi
Proparco, Si Advisers LLP ('Si') and IFU have signed an agreement to provide growth capital to Global Tea & Commodities (‘Global Tea’), a tea, coffee, and macadamia business with operations in Kenya a...
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