To meet the needs of MSMEs affected by the crisis on the African continent, Proparco has set up an exceptional guarantee to cover part of the financing that financial institutions can grant them. Société Générale, a long-standing partner of the AFD Group and a key player in private sector financing in Africa, is the first financial institution to partner with Proparco to deploy this mechanism.

This guarantee, made possible thanks to the support of the French government, enables Société Générale's subsidiaries on the African continent to amplify their support for entrepreneurs. Cameroon, Côte d'Ivoire, Madagascar and Senegal are the first countries to benefit from this loan offer which is 80% guaranteed by the AFD Group.