Following the partnership inked between Capital Bank, Proparco and its German counterpart DEG, a subsidiary of KfW, to support medium-sized enterprises (SMEs) in Jordan, the bank has received an impact premium financed through the EU MENA Facility. Launched in 2021, the Facility benefits from the financial support of the European Union (EU).

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.

Capital Bank, Proparco and DEG partner up to support SMEs in Jordan: the loan provided by Proparco and its German counterpart DEG will finance the SME portfolio of Capital Bank, ranking fourth among Jordanian banks.

While MSMEs (Micro, Small and Medium Enterprises) represent 80% of Jordanian businesses, they are still struggling with access to credit. liwwa offers solutions to unbanked SMEs, using digitalization and artificial intelligence. With a one million euros loan, Proparco, the French development finance institution, is helping liwwa’s growth and promoting job creation as well as social cohesion. This project demonstrates France’s commitment to financial inclusion in the Middle East.

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) and Proparco support Tamweelcom in bridging this financing gap and expanding financial inclusion in Jordan and in the Middle East.

Proparco has been working for the private sector and sustainable development for over 40 years. A subsidiary of Agence Française de Développement, Proparco invests to support the growth of private and financial players that actively contribute to the economic, environmental and social development of developing and emerging countries.

AFD Group has just approved a USD 50 million loan to the Jordanian company Green Watts Renewable Energy LLC to build a wind farm in the South of the country. This project will help develop renewable sources of energy in a country that is highly reliant on fossil fuel imports.

Proparco and the EBRD further support renewable energy in Jordan by providing a US$ 71 million loan for the construction of a 67 MWp FRV Empire solar power plant.

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.