News
Proparco announces €20 million investment in Amethis Fund III to support job growth in Africa
Proparco and Amethis continue their long-standing collaboration in support of the African private sector. This new investment by Proparco in the Amethis Fund III ("AF III") aims to support African med...
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The Mauritius Commercial Bank Limited (MCB) participate in Proparco Trade Finance Program, as a confirming ban...
The Mauritius Commercial Bank Limited (MCB) joins the Trade Finance program of Proparco as a confirming bank (primary beneficiary of guarantees issued by Proparco). The program will assist MCB to incr...
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IFC, Proparco and Helios plan partnership to support Africa’s sports and entertainment sectors
For the first time, Proparco and IFC – the respective private sector arm of the AFD Group and the World Bank Group – are joining forces together with Helios Sports and Entertainement Group to increase...
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RE&UP, SANKO’s circular-tech venture, secures financing from Proparco, to scale its textile recycling capacity
Proparco has granted RE&UP Recycling Technologies, a circular-tech textile recycling venture of SANKO Group, a senior loan that will enable RE&UP to scale its next-gen recycle fiber production and tex...
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Proparco supports the financial inclusion of entrepreneurs with Vitas Lebanon
Proparco is reiterating its support for Vitas Liban, following an initial operation in December 2020. This new partnership, in the form of a €2 million ARIZ TPE MINKA portfolio guarantee, aims to cove...
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Mobilitas continues to grow and diversify in Africa, with renewed support from Proparco
Mobilitas, a major player in international mobility, physical and digital records management, and heritage conservation, restoration and digitization, has been a partner of Proparco for 10 years, and...
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Digital inclusion: Orange Jordan improves access to broadband Internet and digital skills, with the support of...
With the aim of developing digital inclusion in Jordan, Proparco is allocating a 15MUSD loan to Jordan Telecommunications Company (“JTC”), a subsidiary of Orange Middle East Africa, focusing primarily...
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Afriland First Bank developps its Trade Finance activities with the support of Proparco
In 2022, a guarantee (trade finance) line was granted to Afriland First Bank Cameroun for a total amount of EUR 15 million. Following two years of partnership, Proparco is renewing this line, increasi...
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In Uzbekistan, Proparco finances a solar PV plant and the largest Battery Energy Storage System of the country
Proparco, alongside EBRD, KfW, DEG, IsDB and Standard Chartered Bank, participates in the financing of the Tashkent project, a 200MW solar plant and a large-scale 500MWh Battery Energy Storage (BESS),...
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Amref International University Secures USD 5 Million from Proparco to Advance Health Workforce Training in Afr...
Amref International University (AMIU), a subsidiary of Amref Health Africa, has entered into a landmark partnership with Proparco, the French development finance institution, securing a USD 5 Million...
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AVMA: Aspen and the DFIs reaffirm their partnership and their support to vaccine production in Africa
At a time when the global health community is gathered in Paris for the launch of the African Vaccine Manufacturing Accelerator (“AVMA”), which is expected to support and increase African vaccine prod...
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IFC, Proparco and RMB Partner with WIOCC Group to Expand Digital Infrastructure in Africa
A financing package announced today from IFC and Proparco for digital infrastructure provider WIOCC Group will fund WIOCC’s expansion strategy in three African countries, enhancing the continent’s dig...
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Proparco announces its intention to join the EBRD's Trade Finance Programme in support of Ukraine's economic r...
On the occasion of the “Ukraine Recovery Conference” held in Berlin on June 11 and 12, 2024, Proparco announced its intention to join the support programme for Ukraine set up by the European Bank for...
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Express Union Chad expands its microfinance business with support from Proparco
Express Union Tchad, a subsidiary of the Express Union Group, is one of the country's leading microfinance institutions (MFIs), promoting access to financing for women and rural populations. The MFI h...
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Serengeti Energy and Proparco sign a €250,000 agreement to boost climate adaptation in Sub-Saharan Africa
Serengeti Energy, a leading renewable energy company, and Proparco, the French development finance institution, have signed a landmark €250,000 grant agreement to support climate change adaptation for...
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Proparco and KCB Bank sign US$95M Credit Line for Sustainable Projects and Women Support
Proparco and KCB Bank Kenya have entered into a strategic partnership to finance climate-related investment projects and empower women entrepreneurs in Kenya.
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IFC, British International Investment, and Proparco Partner to Support Sonatel's Telecoms Expansion in Senegal
To accelerate Senegal's digital transformation, IFC and partners British International Investment (BII) and Proparco today announced a financing package for Sonatel to improve essential telecommunicat...
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Proparco and FISEA+ support Amethis MENA Fund II to improve environmental and social risks management
Proparco, through FISEA+, is allocating a €400 000 Technical Assistance (TA) facility to Amethis MENA Fund II. Among other objectives, the projects implemented directly through the TA facility will st...
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Proparco mobilizes USD 10 million for food security in Africa by supporting One Acre Fund
A partnership to support sustainable food systems and smallholder farmers in nine African countries as part of the French-led international initiative FARM - Food and Agriculture Resilience Mission
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QMC Telecom International secures $115 million in two credit facilities
QMC Telecom International Holdings LLC ("QMC" or the “Company”), Latin America’s leading digital wireless infrastructure growth platform, today announced the successful closing of two credit facilitie...
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