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In the Dominican Republic, Proparco and Banco Ademi support the financial inclusion of micro-entrepreneurs
Proparco has just granted a senior loan equivalent in Dominican Pesos (DOP) of $15 million dollars to Banco Multiple Ademi, S.A. (Banco Ademi), the leading Dominican microfinance institution. This ne...
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In Guinea, Proparco and Vista Gui strengthen their partnership in support of SMEs
As part of the Africa Financial Industry Summit (AFIS) to be held in Lomé on November 15 and 16, 2023, Proparco and Vista Bank Group have just signed several guarantee and loan agreements to help fina...
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Proparco and Banco Daycoval commit to Brazilian companies and green projects
Proparco has just granted a five year $75 million senior credit line to Banco Daycoval, a financial institution committed to supporting SMEs. This new partnership, announced following FELABAN's 57th...
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Proparco, the European Union and Societe Generale Guinea collaborate to support high impact VSEs/SMEs
Proparco, on behalf of the French Development Agency (AFD), has signed a partnership agreement with Societe Generale Guinea within the framework of the EURIZ program implemented thanks to the resource...
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With Green Móvil, Proparco is supporting the electrification of buses in Colombia
One year after the Electribus project, Proparco is renewing its support for clean mobility in Colombia with Green Móvil. Financed in partnership with the Colombian development bank FDN, the operation...
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Proparco and EU support financial inclusion in Burkina Faso through funding to ACEP BF
As the French Presidency of the Council of the European Union draws to a close, Proparco and the European Union (EU) announce the granting of a €3 million line of credit in local currency to the micro...
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Vista Bank Burkina joins Proparco's Trade Finance operations guarantee program
The project aims to support the financing of imports of basic necessities in Burkina Faso through a EUR 10 million guarantee envelope on trade finance instruments issued by Vista Bank Burkina. Proparc...
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BRENNAND
Brennand Energia, one of the leaders in Brazil’s renewable energy sector, is building eight hydropower plants in several of the country’s States. They will increase power generation in these regions.
Project
Led by Proparco and IFC, Circulate Capital Achieves Third Close for Circulate Capital Ocean Fund I-B
Circulate Capital, the Singapore-based investment-management firm financing high-growth opportunities at the nexus of climate technology, plastic recycling, and the circular economy, announced today a t...
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Proparco supports Ananta Group, a leading apparel producer in Bangladesh
With this USD 13.8M loan, Proparco, the French Development Finance Institution, supports Ananta Huaxiang Limited (AHL), a subsidiary of Ananta Group in Bangladesh, to increase its sweater manufacturin...
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In Turkey, Proparco and DenizBank join forces to support green projects and farmers
Proparco and DenizBank have successfully signed a 45 million euro senior loan. Thanks to this facility, the Turkish bank will expand its support to green projects (renewable energy and energy efficien...
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Proparco and Vitas Group join efforts to support small entrepreneurs in Iraq with a new partnership
The USD 3.95 million portfolio guarantee granted by Proparco marks its first operation with the microfinance sector in Iraq. It testifies to its commitment to supporting the private sector in fragile...
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First Farmer-led Company in India raises Capital from Group of European Investors
Sahyadri Farms Post Harvest Care Limited raised Rs.310Crs (almost EUR 40 million) growth capital from a group of impact-focused investors. Incofin, Korys, FMO and Proparco see Sahyadri Farms well-pla...
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Janngo Capital Startup Fund, Africa’s largest gender equal tech VC fund reaches the first close of its €60 mil...
At the eve of the 77th Session of the UN General Assembly (UNGA), Janngo Capital Startup Fund (JCSF) has announced its first close at EUR34 million (approximately US$36 million) in capital commitments...
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Proparco and Coronation Merchant Bank Limited sign a $20 Million Trade Finance Guarantee Facility in Nigeria
Proparco announced a $20M Trade Finance Guarantee Facility for Coronation Merchant Bank (CMB). This will enable Coronation Merchant Bank to establish and deepen partnerships with correspondent banks,...
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Proparco, the Ministry of Europe and Foreign Affairs of France and Team Europe support TCX to promote local cu...
In times of economic instability, Proparco, joins forces with the European Commission and several other European sovereigns in supporting TCX to protect households and businesses in the poorest countr...
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BTK
The Tunisian-Kuwaiti bank is supporting the development of SMEs in Tunisia. PROPARCO’s support is allowing it to diversify its financing sources, improve its banking services, and continue to finance...
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Strengthening financial systems and facilitating access to finance for MSMEs
A resilient, efficient and well-regulated financial system is essential to the economic stability and resilience of developing and emerging countries. Proparco works in this sector to strengthen local...
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Françoise Lombard, CEO of Proparco, chooses Morocco for her first trip To North Africa
For her first visit to North Africa since her nomination as head of Proparco, Françoise Lombard has chosen Morocco. On this occasion, she will meet with companies supported by Proparco, notably in the...
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