News
Vista Bank Burkina joins Proparco's Trade Finance operations guarantee program
The project aims to support the financing of imports of basic necessities in Burkina Faso through a EUR 10 million guarantee envelope on trade finance instruments issued by Vista Bank Burkina. Proparc...
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Proparco, the European Union and Societe Generale Guinea collaborate to support high impact VSEs/SMEs
Proparco, on behalf of the French Development Agency (AFD), has signed a partnership agreement with Societe Generale Guinea within the framework of the EURIZ program implemented thanks to the resource...
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Proparco supports Centenary Bank’s commitment towards Micro, Small and Medium Enterprises (MSMEs) in Uganda
Through a credit line and portfolio guarantees equivalent to UGX 105 billion commitment, Proparco will help boost Centenary Bank’s capacity to support micro, small and medium-sized enterprises (MSMEs)...
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Acquisition of a majority equity stake in Diani Beach Hospital in Kenya alongside Ascent Rift Valley Fund II –...
The investment will continue Diani Beach Hospital’s growth, thus improving healthcare provision for hundreds of thousands of Kenyans living in an underserved part of the country.
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Green Móvil: Proparco and FDN finance the largest e-mobility project in Colombia
This week, at Proparco’s headquarters in Paris, the signing ceremony of the Green Móvil project took place. Only a year after financing the first fleet of electric buses in Bogotá (the “Electribus” pr...
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Proparco invests $15 million in the Indian microfinance institution Annapurna
This investment from Proparco completes a funding round in which Annapurna raised a total of $100 million. This fundraising will allow Annapurna to grow its loan book, invest in technology, expand geo...
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New Blue Loan to Help Bank of Qingdao Pilot Blue Finance, Supporting China’s Climate Goals
Proparco participated in IFC's landmark $150 million blue syndicated loan for Bank of Qingdao (BQD), marking its and IFC's first blue finance investment in China. This new investment will enable BQD t...
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Proparco invests $31,5 million into Kenya's leading modern retailer
Proparco, is pleased to announce its partnership with IBL Group, the largest conglomerate of Mauritius (listed on the Mauritius Stock Exchange), and DEG, a subsidiary of German KfW Group, to jointly a...
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Proparco Completes Pre-Series-A Investment in Moringa Fueling its Expansion across Africa
This investment will aid Moringa to prepare for Series A funding in 2023. Apart from International expansion outside Kenya, the funding from Proparco will also facilitate the broadening of the range o...
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Proparco and Vista Gui sign a USD 10 million trade finance guarantee in Guinea
The project consists in the granting of a USD 10 million envelope to guarantee trade finance instruments issued by Vista Gui, a subsidiary of the Vista banking group, the country's largest bank in ter...
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Credo Bank Attracted EUR 16.5 million from Proparco to Support MSMEs in Georgia
The five-year investment facility aims to provide post pandemic support to micro, small and medium sized enterprises in Georgia, as well as building further resilience to cope with regional uncertaint...
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The European Union and France are supporting the development of responsible financial inclusion in Madagascar,...
On the occasion of the French Presidency of the Council of the European Union, which began on January 1 and ends on June 30, 2022, Proparco and the European Union (EU) are continuing their partnership...
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Tunisian edtech startup GOMYCODE raises $8M Series A, fueling expansion across Africa and the Middle East
Africinvest and Proparco lead round with the participation of Wamda Capital as startup democratizes tech education across Africa and Middle East
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Proparco increases its support to Ivorian MSMEs
On the occasion of the first visit to Côte d'Ivoire of Proparco's new CEO Françoise Lombard, Proparco granted 6 portfolio guarantees to Société Générale Côte d'Ivoire, Ecobank Côte d'Ivoire and Advans...
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Proparco invests $12m in Africa frontier-market investor Maris, under the FISEA+ initiative
Proparco, through AFD Group’s FISEA+ initiative, has just closed a $12m equity round with Maris Limited, an impact investor with expertise in frontier markets in East and Southern Africa.
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Proparco makes $25M investment into small-scale renewable energy capacity buildout in sub-Saharan Africa
French Development Finance Institution Proparco invests 25 MUSD in Serengeti Energy, a Sub-Saharan hydro and solar-specialized independent power producer which develops, constructs, owns and operates...
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Proparco makes a proposed equity investment of USD 10M in MUA
Proparco is set to make an equity investment of USD 10M, becoming MUA’s largest international institutional shareholder. This investment is a strong vote of confidence in MUA’s regional growth ambitio...
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Proparco invests via FISEA+ in the new European solidarity financing fund for Africa, FEFISOL II
Launch of the new European solidarity financing fund for Africa, FEFISOL II, with a first closing of 22.5 million euros and a technical support envelope of 1 million euros. Following the success of...
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Proparco invests USD 25M in GEF Latam Climate Solutions Fund III
Proparco has committed USD 25 million in a first closing of USD 96 million alongside the EIB and private investors. This is Proparco's second investment with GEF, a global asset manager, specialized i...
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Proparco marks its first operation ever in Moldova with a €8 million loan to Microinvest
The partnership, signed during AFD Group CEO Rémy Rioux’s first visit in Moldova, demonstrates the Group’s commitment to supporting Moldova and its private sector, which faces major challenges due to...
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