News
Nigeria: PROPARCO has allocated a guarantee to UBA to support SMEs
Proparco has just allocated a portfolio guarantee to United Bank for Africa (UBA) to facilitate access to loans for Nigerian SMEs. Proparco’s operation will specifically contribute to financing SMEs i...
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Proparco and ACBA Bank cooperate to support SMEs and the agricultural sector in Armenia
Proparco granted a $20 million credit line to ACBA Bank to help the bank further support SMEs and businesses in the agricultural sector, which play a key role in job creation and access to essential g...
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Enhancing the export competitiveness of the textile and clothing sector in developing countries
Over the years, assembling clothing has become a commodity. However, mere cut and sew operations are no longer a sustainable offering. To achieve the employment targets envisaged by governments, compa...
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In Cameroon, MPMEs will be eligible to benefit from AFD Group's new guaranteed loans offer
Cameroun is one of the first countries to benefit from loans guaranteed at 80% by AFD Group, made possible thanks to the resources specifically allocated by the French State in favor of MSMEs affected...
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Daystar Power secures $38 million Series B investment led by IFU
The investment will allow West Africa’s fastest growing C&I solar provider to accelerate its regional expansion.
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Proparco invests in Mekong Capital’s new fund dedicated to SMEs and mid-size companies in Vietnam
Proparco signed a US$15 million investment in Mekong Enterprise Fund IV to support the growth of the dynamic private sector in Vietnam.
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Textile industry: Towards a new economic model to stamp out human rights violations in the workplace
The textile industry employs millions of people in developing countries. Yet its economic model (pressure on costs and lead times, large volumes, frequent renewal of collections, low prices) leads to...
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AFD Group provides a stronger response to Senegale's MSMEs affected by the crisis in partnership with Société ...
Senegal is one of the first countries to benefit from loans guaranteed at 80% by AFD Group, made possible thanks to the resources specifically allocated by the French State in favor of MSMEs affected...
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Proparco and Sathapana Bank partner to support entrepreneurship in Cambodia
Proparco granted a $50 million credit line to Sathapana Bank in order to support SME financing and women entrepreneurship in the country.
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In Peru, PROPARCO is supporting BanBif, an historic partner, during the health and economic crises
During the health and economic crises which have seriously affected Peru, PROPARCO is renewing its support to BanBif via a USD 50m loan to support its financing activities to SMEs
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AFD Group provides a stronger response to Madagascar's MSMEs affected by the crisis in partnership with Sociét...
Madagascar is the first country to benefit from loans guaranteed at 80% by AFD Group, made possible thanks to the resources specifically allocated by the French State in favor of MSMEs in Africa. The...
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Proparco supports BTG Pactual in fighting climate change
During this period of health and economic crisis, when foreign investment tends to recede from emerging markets, the AFD Group, via this climate loan, affirms its support to sustainable development in...
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Proparco and BANFONDESA support the activity of MSMEs in the Dominican Republic
By granting an EURIZ guarantee to BANFONDESA, Proparco will enable this financial institution to develop its activity with micro, small and medium-sized enterprises (MSMEs) in the country. This operat...
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Dolidol: a showcase for “Made in Morocco”
The CEO of Dolidol tells us about how attached Moroccans are to a traditional product, the Moroccan lounge (comprising L-shaped or U-shaped sprung sofas), and to a local brand, especially in these tim...
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AFD Group reiterates its support for microfinance by renewing a €10M guarantee to the Foundation
Paris, December 13, 2020 - A guarantee of € 10 million has just been granted by the Agence Française de Développement (AFD) Group, represented by its subsidiary Proparco, to the Grameen Crédit Agricol...
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Is industry compatible with climate?
The industrial sector is a major consumer of fossil fuels and the biggest emitter of greenhouse gases (GHG), however there are not as many energy efficiency projects – the key to cutting GHG – as ther...
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Proparco and BICIS strengthen their partnership to support Senegalese MSMEs
The portfolio guarantee granted by Proparco, which will be of a maximum amount of 3.5 million Euros (2 300 000 000 XOF), will enable BICIS to further strengthen its support to the economic development...
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In Honduras, PROPARCO is supporting Banco Ficohsa, a bank committed to women’s entrepreneurship and SMEs
PROPARCO is reaffirming its support to Banco Financiera Comercial Hondureña S.A. (Ficohsa) via a USD 20m loan. The total amount of this credit line is earmarked to support the financing activity for s...
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Proparco and the Asian Development Bank strengthen their partnership to support India’s renewable energy devel...
Proparco is participating in the loan extended by the Asian Development Bank (ADB) to finance a 200 MW solar power plant in northwest India. The project, implemented by the ENGIE Group, represents a f...
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With Vitas, Proparco is supporting entrepreneurs in vulnerable regions in Lebanon
Proparco has just signed a USD 2.5m guarantee with the microfinance institution Vitas S.A.L. to allow it to develop loans for micro and medium-sized enterprises in the North, Akkar, Bekaa and Beirut g...
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