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 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.

After a pilot Trade Finance project launched in 2017 with Ecobank Group subsidiaries in Mali, Burkina Faso, Guinea and Côte d'Ivoire (and their French subsidiary as confirming bank), PROPARCO has just signed a USD 10M Trade Finance Guarantee Programme with Ecobank Liberia Limited (ELR). The event was held in the presence of Jean-Yves Le Drian, Minister of Europe and Foreign Affairs of France, Dee-Maxwell Saah Kemayah Sr, Minister of Foreign Affairs of Liberia, Michaël Roux, Ambassador of France to Liberia and Christophe Cottet, AFD’s Country Director for Ghana and Liberia.