Proparco and DEG signed a US$150 million credit facility to The Mauritius Commercial Bank Limited (MCB) to finance long-term corporate and infrastructure projects in Mauritius and sub-Saharan Africa.

Proparco, a subsidiary of ‘Agence Française de Développement’ (AFD) and its German counterpart DEG, have signed a loan agreement for an amount of € 25M in favour of BCP Bank (Mauritius). This line of credit will help accompany the bank’s international development on medium/long term projects.

A USD 65m loan has been signed between Proparco, its German counterpart DEG and Mauritius Commercial Bank Limited (MCB). The objective is to support Mauritian businesses affected by the crisis