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.

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 Aga Khan hospitals in East Africa have received a EUR 2.3 million grant from Proparco to increase access to health care services by boosting oxygen supply and supporting needy patients with quality care.

Through a credit line and portfolio guarantees amounting to a TZS182 billion commitment, Proparco will help boost CRDB Bank’s capacity to support micro, small and medium-sized enterprises (MSMEs) in Tanzania, with a particular interest for MSMEs led by women and those that have been affected by the Covid-19 crisis.

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.

FMO, the Dutch entrepreneurial development bank, recently arranged a USD 125 mln senior loan facility for its long-term customer NMB Bank in Tanzania. The senior loan is provided in partnership with French Development Finance Institution, Proparco, contributing USD 50 mln to the total facility and will be used for financing MSMEs, women owned- and agri-businesses. The facility demonstrates FMO and Proparco’s commitment to driving Tanzania’s growth in partnership with solid local institutions.