Findev Canada, Agence française de développement (AFD) and Proparco have announced the launch of a capacity-building project for women entrepreneurs in the context of the covid-19 pandemic.

The international arm of one of the world’s largest development organisations, BRAC, has launched a capital markets debt programme that will secure financing for its microfinance operations for the coming decade. Proparco, with a 25 million dollars facility, have participated to the launch of the programme alongside Global Partnerships.

Proparco has arranged a USD 30M senior debt facility to support Uganda’s 2nd largest bank’s efforts to bridge the long-term financing gap for SMEs.

Proparco makes significant investment in the leading East African pharmacy chain and digital health platform to ensure access to quality medicines and healthcare services for 1.7 Million East Africans.

Proparco has arranged a €40 million financing to SCOUL, Uganda’s third largest sugar manufacturing company, to finance a new 26MW cogeneration power plant. This new power plant will allow the company to produce green electricity at a competitive price to meet its own needs and to be sold to the national grid.

After having already invested USD 5 million in the African Rivers Fund (ARF) in 2016, AFD Group renews its support to the XSML management team by investing USD 10 million in its third fund, African Rivers Fund III (ARF III). ARF III enables entrepreneurs in the DRC, Uganda and Angola to access the financing and support they need to strengthen and develop their businesses in regions often neglected by investors. This investment by FISEA, an AFD Group facility advised by Proparco, is part of the Choose Africa initiative dedicated to supporting entrepreneurship in Africa.

Serengeti Energy, a leading renewable energy company, and Proparco, the French development finance institution, have signed a landmark €250,000 grant agreement to support climate change adaptation for Serengeti Energy's power plants in sub-Saharan Africa. This strategic partnership aims to enhance the resilience and sustainability of renewable energy infrastructure amidst the increasing challenges posed by climate change.

Proparco has announced its 12 million dollars participation in the 32 million-dollar Series 2 of the Debt program initiated by BRAC International Microfinance. The consortium of investors comprises BIO, Global Partnerships and Ceniarth.

Together with Mauritian conglomerate IBL, Proparco has closed the acquisition of a majority stake in Harley's, alongside the founding family. Proparco’s goal is to expand the supply of medicine and health products in Kenya, Uganda and Tanzania.