Proparco participates in the financing of the construction and operation of 5 solar photovoltaic power plants delivering a total of 225MW of capacity for a total amount of €116 million. Through these operations, Proparco will contribute to prevent the emission of more than 3.8 million tons of CO2 and to the creation of more than 7,000 direct and indirect jobs.

Proparco has signed in Sharm el Sheik a $5.8 million investment in the 1st closing of the Sawari Ventures North Africa Fund I. This fund will invest in nearly 25 fast-growing start-ups in Egypt, Morocco and Tunisia.

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.
Proceeds to further develop DRU - Almouneer’s patient-centric platform - treating pre-diabetes, diabetes and obesity.

Proparco's $20 million investment will support one of the regional leaders in private medical imaging and will improve patients' access to affordable services in Egypt, Saudi Arabia and Jordan.

The loan granted to one of Egypt’s top apparel company will support thousands of jobs over the coming years. It will also accelerate the company’s efforts towards better production processes through energy efficiency and a sharp reduction in water consumption.

Through a US$11 million investment in LCP Fund II, Proparco will help bridge the long-term financing gap for Egyptian mid-cap companies.

• EBRD, IFC, AIIB, DEG and Proparco to provide a US$ 455 million financing package to Damietta Alliance Container Terminals.
• Co-financing to develop the superstructure of a second container terminal in Damietta Port in Egypt.
• Financing will also support vocational training for residents living near the port with a focus on creating gender inclusive jobs.

Local Branch Proparco in Egypt

The two institutions have committed US$ 58 million each for two 50 MW solar photovoltaic power plants.

Amethis, an investment fund manager dedicated to the African continent, has announced the first closing of the Amethis MENA Fund II (AMF II) at EUR 85 million.

Proparco today announced an investment in an early-stage venture capital fund managed by DisrupTech Ventures, to support development in Egypt's fintech sector and help expand access to financial services in the country.