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Choose Africa: 3 billion euros committed by AFD Group to support 26,000 start-ups and MSMEs
Four years after the Ouagadougou speech in which French President Emmanuel Macron reaffirmed France's commitment to supporting the entrepreneurship revolution in Africa, AFD Group has exceeded the ini...
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AFD Group and the European Commission collaborate to support public and private investments in Africa
On the occasion of the 7th edition of the EU-Africa Business Forum (EABF) and on the sidelines of the EU-AU Summit, the Chief Executive Officer of Agence Française de Développement, Rémy Rioux, signed...
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Proparco, Biovac and Development Partners Collaborate to Support South Africa’s Vaccine Manufacturing Expansio...
• Consortium of nine development partners to support Biovac’s expansion of its existing vaccine manufacturing plant capacity, and enable the production of Pfizer-BioNTech’s COVID-19 vaccine and other...
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Proparco, IFC, Bopa Moruo, and RMB Ventures Partner to Boost Access to Affordable Student Housing in South Af...
To increase the supply of safe, affordable, quality student housing in South Africa, particularly for students from low-income households, Proparco today announced a partnership with IFC, the private...
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Proparco grants $12M to Goodlife Pharmacies to strengthen its commitment to the Healthcare sector across East ...
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...
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Proparco invests in the AGF to finance women entrepreneurs' SMEs in Africa
Proparco's $10 million investment in the African Guarantee Fund will contribute to the growth of this pan-African fund and support the AFAWA initiative launched to increase access to finance for women...
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BOA FRANCE
By becoming a shareholder of Bank of Africa France, Proparco is helping reduce the cost of remittances by African diasporas in France to their countries of origin. This is a specialty of BOA Group’s s...
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Launching SUNREF II Palestine program to support energy efficiency projects
In collaboration with the Bank of Palestine and the Cairo-Amman Bank, Proparco and the European Union are launching the second phase of green finance program Sunref Palestine. This initiative aims at...
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Proparco, IFC, African and European Partners Launch Alliance to Support Private Sector Growth in Africa
To support a stronger private sector, entrepreneurship and the growth of small and medium-sized businesses across Africa, African, European, multilateral and bilateral partners today launched the Alli...
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Françoise LOMBARD appointed CEO of Proparco
Françoise LOMBARD was appointed Chief Executive Officer of Proparco by the Board of Directors on 25 March 2022. She joined Agence française de développement Group in 2016 as Chief Financial Officer an...
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Proparco supports CRDB Bank's commitment towards MSMEs in Tanzania
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 T...
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New issue of the magazine Private Sector & Development: #37 Faced with the crisis: what prospects for the priv...
The 37th edition of Proparco's Private Sector & Development (PS&D) magazine, produced with the association EDFI, gives a voice to European development finance institutions and presents their responses...
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Proparco supports BRAC International Microfinance’s capital markets programme
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 co...
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2021 results in five key points
Despite the economic difficulties related to the Covid-19 pandemic, in 2021, PROPARCO returned to growth by increasing its commitments and strengthening their impacts. With €2.3 billion of financing a...
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Proparco marks its first operation ever in Moldova with a €8 million loan to Microinvest
The partnership, signed during AFD Group CEO Rémy Rioux’s first visit in Moldova, demonstrates the Group’s commitment to supporting Moldova and its private sector, which faces major challenges due to...
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Proparco invests USD 25M in GEF Latam Climate Solutions Fund III
Proparco has committed USD 25 million in a first closing of USD 96 million alongside the EIB and private investors. This is Proparco's second investment with GEF, a global asset manager, specialized i...
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2021 Results : €2.3 billion in commitments to strengthen the private sector's contribution to the Sustainable ...
In 2021, for the third consecutive year, Proparco has deployed more than €2 billion in annual commitments. Last year, Proparco's priority was to continue to support its clients to limit the impact of...
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BOA Group 2015
The lack of financing capacity hinders private sector development in Africa. Bank of Africa is developing a pan-African banking network with a capacity to provide companies with long-term financing so...
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Proparco invests via FISEA+ in the new European solidarity financing fund for Africa, FEFISOL II
Launch of the new European solidarity financing fund for Africa, FEFISOL II, with a first closing of 22.5 million euros and a technical support envelope of 1 million euros. Following the success of...
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Proparco makes $25M investment into small-scale renewable energy capacity buildout in sub-Saharan Africa
French Development Finance Institution Proparco invests 25 MUSD in Serengeti Energy, a Sub-Saharan hydro and solar-specialized independent power producer which develops, constructs, owns and operates...
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