News
With Maad, Proparco supports innovation for traditional retailers in Senegal
On the occasion of the Viva Technology trade show, Proparco and Digital Africa are reaffirming their support for "Made in Africa" companies, by granting financing, through the Bridge Fund by Digital A...
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Partnership with Quadria to contribute to accessible, affordable and quality healthcare in South & Southeast A...
New Delhi, India, June 13, 2023 - Proparco is contributing to finance the health sector in South and Southeast Asia via a USD 35m equity investment in Quadria Capital. Proparco is supporting a player...
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Supporting MSMEs and the agricultural sector in Georgia with Crystal
Proparco has granted a USD 10 million financing to the Georgian microfinance institution JSC MFO CRYSTAL ("Crystal"), to support the development of its loan portfolio. Crystal is the leading microfina...
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In Côte d'Ivoire, Advans supports small corn producers, with support from Proparco
Proparco and Advans Côte d'Ivoire have signed a grant agreement that will provide nearly 1,500 maize growers in Côte d'Ivoire with easier access to financing. The 230,000 euro grant will enable the mi...
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In Latin America, LAAD finances green projects of SMEs in agriculture, with the support of Proparco
Proparco has granted a USD 25 million senior loan to the LAAD group (Latin American Agribusiness Development Corp. and its subsidiaries), 50% of which will be used to finance green projects of small a...
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In Turkey, DenizBank is committed to the climate and earthquake victims, with the support of Proparco
Proparco provides Denizbank with a senior debt up to USD 70 million, as part of a $610 million equivalent Diversified Payment Rights (DPR) issuance. The bank will thus be able to participate in the re...
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In Ghana and Senegal, Proparco supports Gravita, an Indian industrial recycling company
Proparco and OeEB, the Austrian DFI, join forces to provide a €34 million senior debt funding to Gravita Netherlands B.V. (GNBV), the overseas division head of Gravita India Limited (GIL). The group i...
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In Uzbekistan, Proparco finances a new wind farm to boost the development of renewable energy
Proparco, alongside development finance institutions EBRD and DEG, is participating in the financing of the Nukus project, a 100MW onshore wind farm developed by ACWA Power in Uzbekistan, by providing...
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Mediterrania Capital Partners, DEG, Proparco and FMO invest €75 million in Laprophan, one of the leading pharm...
Casablanca. Mediterrania Capital Partners, a Private Equity firm focused on growth investments for SMEs and mid-cap companies in North Africa and Sub-Saharan countries, is pleased to announce its acqu...
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Proparco Supports Egypt's Startups with Investment in DisrupTech Ventures
Proparco today announced an investment in an early-stage venture capital fund managed by DisrupTech Ventures, to support development in Egypt's fintech sector and help expand access to financial servi...
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In Kazakhstan, KMF and Proparco join forces to support women and rural entrepreneurs
KMF and Proparco have been cooperating in the field of business development for over three years. Within the framework of the new cooperation agreement, Proparco allocated $30mn to KMF for financing b...
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Proparco supports ACME SA to develop its loan portfolio to Haitian SMEs
Proparco has granted ACME SA an ARIZ TPE portfolio guarantee of 407 million Haitian gourdes (equivalent to 2.65 million euros). This guarantee is part of a long-standing partnership between Proparco a...
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Raxio Data Centres speeds up Africa's digital transition with the support of Proparco
Proparco is pleased to announce the signing of USD 40 million long-term loan to Raxio Data Centres, a pan-African data centre developer and operator. The financing will enable Raxio to progress its...
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In Turkey, OdeaBank joins Proparco’s Trade Finance Guarantee program
Through its Trade Finance Guarantee program, supporting imports, Proparco is accompanying his long-term business partner, OdeaBank AS in developing its activities in Africa. Proparco will be able to i...
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Turkey: FMO and Proparco support sustainable aquaculture with 60 M€ syndicated loan to Kılıç Deniz
FMO and Proparco announced a 60 M€ syndicated loan facility to Turkey’s leading aquaculture player Kılıç Deniz, which grows, produces, and exports sustainably certified fish. Also participating in thi...
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Proparco to support SMEs in Turkey with Akbank, fostering green projects and woman entrepreneurship
Proparco and Akbank have successfully signed a 50 million USD senior loan. Akbank will expand its support to SMEs for green projects (renewable energy and energy efficiency) and woman entrepreneurship...
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Proparco and Banque Populaire de Mauritanie sign a $15 million trade finance guarantee
The guarantee package granted by Proparco amounts to $15 million. It will enable Banque Populaire de Mauritanie to strengthen its import financing activity in Mauritania and increase its contribution...
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In India, Proparco and Svatantra work together to advance women's empowerment
Svatantra Microfin Pvt. Ltd. (Svatantra) - India’s foremost microfinance company, is working with Proparco - the private sector financing subsidiary of Agence Française de Développement Group, a lead...
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Proparco takes a stake in Nuru, which develops urban solar metrogrids in the DRC
Nuru SASU (Nuru), the company behind Democratic Republic of the Congo (DRC)’s first solar PV metrogrid, is on track to build 13.7MWp of isolated solar-hybrid grids by mid-2024 after securing an initia...
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Team Europe FMO and Proparco support Tanzanian private sector growth through USD 125 mln to NMB Bank
FMO, the Dutch entrepreneurial development bank, recently arranged a USD 125 mln senior loan facility for its long-term customer NMB Bank in Tanzania. The senior loan is provided in partnership with F...
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