News
TBC and Proparco sign a EUR 100 million loan agreement
Proparco has granted a €100 million loan to JSC TBC Bank (TBC Bank) in Georgia. The loan facility, of a maturity of seven years, will be primarily used to finance climate-related investments and femal...
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BII, FMO, Proparco and Frontier Energy co-invest in Planet Solar, Sierra Leone’s first large-scale grid-connec...
Development Finance Institutions, British International Investment ("BII"), FMO, and Proparco, and renewable fund manager Frontier Energy today announced a co-investment of over $52 million for Planet...
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Proparco and DEG strengthen their partnership with MCB, in favour of climate finance in Mauritius
To support the scaling of climate finance in Mauritius, Proparco and DEG announced a new partnership with The Mauritius Commercial Bank Ltd (MCB) to support the bank in expanding its climate finance o...
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Dakar Mobilité secures financing for the first-ever 100% electric BRT bus system in sub-Saharan Africa
Dakar Mobilité, a Senegalese company owned by Meridiam and the Fonds souverain d'Investissements stratégiques du Sénégal (FONSIS), has raised €135 million needed to deploy Dakar's future electric BRT...
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Amethis, Africinvest, Proparco and IFC acquire a majority stake in Netis
A consortium of investors including Amethis, Africinvest, Proparco and the International Finance Corporation (IFC) has acquired a majority stake in Netis, a leading pan-African telecommunication infra...
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Proparco and Société Générale Sénégal strengthen their partnership to support entrepreneurship in Senegal
Proparco is once again supporting a long-term partner by granting Société Générale Sénégal an "ARIZ" portfolio guarantee to boost credit to VSEs and SMEs.
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In Guinea, Proparco and Vista Gui strengthen their partnership in support of SMEs
As part of the Africa Financial Industry Summit (AFIS) to be held in Lomé on November 15 and 16, 2023, Proparco and Vista Bank Group have just signed several guarantee and loan agreements to help fina...
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Proparco and Banco Daycoval commit to Brazilian companies and green projects
Proparco has just granted a five year $75 million senior credit line to Banco Daycoval, a financial institution committed to supporting SMEs. This new partnership, announced following FELABAN's 57th...
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In the Dominican Republic, Proparco and Banco Ademi support the financial inclusion of micro-entrepreneurs
Proparco has just granted a senior loan equivalent in Dominican Pesos (DOP) of $15 million dollars to Banco Multiple Ademi, S.A. (Banco Ademi), the leading Dominican microfinance institution. This ne...
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Almouneer - the digital transformation platform revolutionising Middle East and Africa Healthcare - raises $3....
Seed round led by Global Ventures, plus leading international investors - Proparco and Digital Africa through the Bridge Fund (FRA) and Wrightwood Investments (UK) - and other international funds. Pr...
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STOA, DFC, Proparco join FMO in a $43 million equity investment in Husk, a minigrid leader in Sub-Saharan Afri...
Husk Power Systems (Husk), the leading minigrid company serving rural communities in Sub-Saharan Africa and South Asia, has secured a new round of equity investment totalling $43 million. New investor...
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In Chad, Proparco supports ZIZ Energie to develop the construction of micro-grids
Proparco has granted a €1.5 million loan to ZIZ Energie, a construction company specialising in rural and urban electrification. The funding will enable ZIZ Energie to launch a decentralised energy in...
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IDB Invest and Proparco partner with Águas do Rio to provide clean water and sanitation to 10 Million Brazilia...
The project will benefit from expanded drinking water supply, reduced water losses, and sewage collection and treatment services.
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IFC and Proparco Partner to Support the Growth of Sustainable Urban Infrastructure in Rwanda
International Finance Corporation (IFC), a member of the World Bank Group, and Proparco today announced a financing agreement with Groupe Duval to develop a climate-smart, mixed-use property project...
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In Senegal, the Facility for Energy Inclusion, managed by Cygnum Capital arranged additional debt for AktivCo
The Facility for Energy Inclusion (“FEI”), managed by Cygnum Capital (formerly Lion’s Head Group), arranged EUR 49.9 million of additional debt from the existing lender group for Camusat’s energy serv...
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Proparco signs agreement to provide $20-million financing to Satya MicroCapital in boost to women entrepreneur...
The French Development Agency’s private sector financing arm, Proparco, today signed an agreement of 20 million USD to support Satya MicroCapital’s commitment to empowering women entrepreneurs in rura...
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Ghanaian Agritech Startup, Complete Farmer Raises $10 million Pre-Series A to Drive Expansion Plans
Complete Farmer, an end-to-end digital, agricultural marketplace that connects African farmers and global industries to competitive markets, resources, data, and each other on a single platform, raise...
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ANKA Secures US$5M Funding in pre-Series A Extension to Export Africa
International Finance Corporation (IFC) along with Proparco and French Public Investment Bank to advocate the promotion of Africa’s creative economy to the world
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Joliba Capital and LBO France announce the first close of Joliba Capital Fund I
The fund will target investment opportunities across Francophone countries in Western and Central Africa to develop small and mid-cap regional champions seeking growth capital and operating expertise.
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European Union, Proparco and Tamweelcom join efforts to support small businesses in Jordan
While Micro, Small and Medium Enterprises (MSMEs) represent 80% of Jordanian businesses, they are still struggling with access to credit. With a JOD 3.64 million senior loan, the European Union (EU) a...
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