News
France supports liwwa, a driving force for the digitalization of credit to small businesses in Jordan
While MSMEs (Micro, Small and Medium Enterprises) represent 80% of Jordanian businesses, they are still struggling with access to credit. liwwa offers solutions to unbanked SMEs, using digitalization...
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Proparco and Ecobank Togo join forces to finance Togolese SMEs
On the sidelines of the Africa Financial Industry Summit, Proparco and Ecobank Togo signed two portfolio guarantees, ARIZ and EURIZ, for a total amount of EUR 4 million, or EUR 2 million each.
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In South Africa, Proparco and FirstRand strengthen their collaboration in favour of climate finance
Proparco, on behalf of AFD Group, has provided a $100 million climate finance-dedicated credit facility to FirstRand Bank Limited (FRB). This new transaction between the AFD Group and FirstRand Bank c...
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Proparco and Ecobank Senegal collaborate to strengthen access to financing for Senegalese SMEs
Following the signature of two ARIZ and EURIZ portfolio guarantees with Ecobank Côte d'Ivoire at the FIC Summit last October, AFD Group, via Proparco, is reiterating its support for the pan-African ba...
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Proparco participates in the first closing phase of Alcazar Energy Partners II, which reaches US$ 336.6 millio...
Alcazar Energy Partners II (“AEP-II”) brings together eight public and private institutional investors from North America, Europe, and Asia, including Proparco, to invest in selected emerging markets....
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Proparco supports Louis Dreyfus Company operations and value chain in the brazilian citrus industry
Through this US$40 million 10-year loan, for which the signing ceremony took place on November 10, 2022, Proparco will support the company’s actions to address climate challenges and promote socio-eco...
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Pour Elles", a support to women entrepreneurs in the Democratic Republic of Congo
In the Democratic Republic of Congo, 43% of the economic activity is managed by women. However, many constraints limit Congolese women entrepreneurship. To support women's economic empowerment and rev...
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In Nigeria, Proparco and the European Union support the FCMB bank in its digital offer dedicated to high impac...
Proparco and the European Union (EU) are supporting a major Nigerian bank, First City Monument Bank Ltd (FCMB), through the financing of a €325,000 technical assistance (TA) program. This TA program w...
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Proparco and Ecobank Côte d'Ivoire strengthen their collaboration for the benefit of Ivorian SMEs
On the occasion of the 3rd edition of the Finance in Common Summit (FICS), Rémy Rioux, Chief Executive Officer of Agence Française de Développement (AFD), Proparco and Ecobank Côte d'Ivoire signed two...
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Proparco, DEG, FMO and several US private sector investors join DPI, as partners in KELIX bio which delivers l...
Proparco, along with DEG, Germany’s development finance institution and FMO, the Dutch development bank, is joining Development Partners International (“DPI”), a premier investment firm focused on Afr...
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Proparco and the Bank for Trade and Industry Mauritania sign a USD 12 Million Guarantee for Trade Finance oper...
The guarantee package granted by Proparco amounts to 12 million dollars. It will enable Banque pour le Commerce et l'Industrie (BCI) Mauritanie to strengthen its import financing activity in Mauritani...
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Proparco, the Ministry of Europe and Foreign Affairs of France and Team Europe support TCX to promote local cu...
In times of economic instability, Proparco, joins forces with the European Commission and several other European sovereigns in supporting TCX to protect households and businesses in the poorest countr...
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Proparco and Coronation Merchant Bank Limited sign a $20 Million Trade Finance Guarantee Facility in Nigeria
Proparco announced a $20M Trade Finance Guarantee Facility for Coronation Merchant Bank (CMB). This will enable Coronation Merchant Bank to establish and deepen partnerships with correspondent banks,...
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First Farmer-led Company in India raises Capital from Group of European Investors
Sahyadri Farms Post Harvest Care Limited raised Rs.310Crs (almost EUR 40 million) growth capital from a group of impact-focused investors. Incofin, Korys, FMO and Proparco see Sahyadri Farms well-pla...
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Janngo Capital Startup Fund, Africa’s largest gender equal tech VC fund reaches the first close of its €60 mil...
At the eve of the 77th Session of the UN General Assembly (UNGA), Janngo Capital Startup Fund (JCSF) has announced its first close at EUR34 million (approximately US$36 million) in capital commitments...
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Proparco and Vitas Group join efforts to support small entrepreneurs in Iraq with a new partnership
The USD 3.95 million portfolio guarantee granted by Proparco marks its first operation with the microfinance sector in Iraq. It testifies to its commitment to supporting the private sector in fragile...
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In Turkey, Proparco and DenizBank join forces to support green projects and farmers
Proparco and DenizBank have successfully signed a 45 million euro senior loan. Thanks to this facility, the Turkish bank will expand its support to green projects (renewable energy and energy efficien...
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Led by Proparco and IFC, Circulate Capital Achieves Third Close for Circulate Capital Ocean Fund I-B
Circulate Capital, the Singapore-based investment-management firm financing high-growth opportunities at the nexus of climate technology, plastic recycling, and the circular economy, announced today a t...
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Proparco supports Ananta Group, a leading apparel producer in Bangladesh
With this USD 13.8M loan, Proparco, the French Development Finance Institution, supports Ananta Huaxiang Limited (AHL), a subsidiary of Ananta Group in Bangladesh, to increase its sweater manufacturin...
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Proparco and EU support financial inclusion in Burkina Faso through funding to ACEP BF
As the French Presidency of the Council of the European Union draws to a close, Proparco and the European Union (EU) announce the granting of a €3 million line of credit in local currency to the micro...
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