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Financing and supporting SMEs, the example of Vatel Madagascar
This article was published in Jeune Afrique in December 2019.
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Proparco participates in Metier’s new investment fund dedicated to sustainable infrastructure in Africa
Through a USD 10 million commitment to Metier Sustainable Capital International Fund II, Proparco will continue its support of renewable energy, resource efficiency and energy efficiency projects in A...
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Proparco invests in RENSOURCE, its first transaction in partnership with the EU in the offgrid energy sector
With the support of the European Union (EU), PROPARCO invests USD 3 million equity in RENSOURCE (Holdings), a key player in the renewable energy sector in Nigeria. This is the first investment made by...
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Proparco supports the Indian microfinance institution Annapurna with a credit line of USD 15 million
On the occasion of the 2020 edition of AFIForum, which takes place on January 22 and 23 in Bangkok, Proparco signed an agreement with the Indian microfinance institution (MFI) Annapurna, for a USD 15...
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Proparco supports Faten, Palestine’s leading microfinance institution
Microfinance institutions play an essential role in supporting entrepreneurs and companies in creating jobs and increasing access to essentials goods and services. Through a 8 million loan granted to...
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Proparco signs a new partnership agreement with Bank of Palestine to support the Palestinian SMEs
Proparco and the Bank of Palestine strengthen their strategic partnership through signing a USD 5 million risk-sharing facility agreement which will cover up to USD 10 million worth of loans granted b...
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Harnessing the private sector to reduce gender inequality
The new issue of the magazine Private sector and Development focuses on the role of the private sector in reducing gender inequalities in developing countries. Despite increased awareness since the ad...
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Proparco supports the development of the Mission laïque française
By granting 65 million euros to the Mission laïque française, historic operator of French education abroad, for projects in Morocco, Côte d'Ivoire, Lebanon, Egypt and Ethiopia, Proparco supports the d...
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Alios Finance SA
Alios Finance operates in several African countries and is specialized in leasing, especially auto leasing. The company is planning to develop – which will strengthen the local financing capacity, par...
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In the DRC, PROPARCO is supporting Advans, a financial institution for micro-entrepreneurs
Despite its exceptional mining resources, DRC is a Low-Income Country. The Congolese private sector is nevertheless resistant and continues to invest, with private companies playing a major role in th...
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Proparco and First City Monument Bank work together to support MSMEs in Nigeria
Proparco and First City Monument Bank (FCMB) signed a NGN 2 billion risk-sharing facility agreement, which will cover up to NGN 4 billion worth of loans granted by FCMB to Nigerian micro, small and me...
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Coronavirus: The AFD Group is Mobilized
In the face of the coronavirus pandemic, AFD Group is adapting its operational and human resource systems. The group is working on a response aimed at limiting any health-related or economic damage in...
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Proparco and ACEP Niger support entrepreneurs in Niger
The CFAF 1.5 billion loan granted by AFD Group to Niger's second largest microfinance institution will support a clientele made up of small entrepreneurs, mainly in the retail sector.
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Proparco signs its first operation in Botswana
Proparco, the French Development Agency’s private sector financing arm, has concluded a US$10 million Tier II long-term debt financing with African Banking Corporation Botswana (“BancABC Botswana”) to...
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Proparco and SPE AIF I acquire Saham Pharma in Morocco
Through this acquisition, Proparco and the private equity fund SPE AIF I will support the development of Morocco's leading antibiotics manufacturer. This operation illustrates Proparco's strong commit...
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In Burkina Faso, Proparco and Coris Bank International SA sign a €30 million guarantee for trade finance opera...
The project consists in the granting of a €30 million guarantee package for trade finance instruments to Coris Bank International SA, the leading bank in Burkina Faso and one of the most important ban...
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Proparco grants a $30 million loan to Banco Cuscatlan to support SMEs and the economic role of women
The funds will be used to finance projects that will lead to the creation of jobs and the generation of new products and services. This new funding establishes that at least 30% of the credits must be...
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Proparco and Société Générale Cameroun strengthen their commitment to MSMEs in Cameroon
The partnership signed today concerns the granting by Proparco of two portfolio guarantees to Société Générale Cameroun for a total of 20 million euros (more than XAF 13,000,000,000). The risk-sharing...
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Proparco joins Africa’s largest low-to-zero emission vehicle subscription platform MAX as a new investor
Metro Africa Xpress Inc. (“MAX”) - the largest vehicle subscription platform for low-to-zero emission vehicles in Africa, announces it has raised $31 million of new capital, in the first close of a Se...
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BELEN ELECTRIK
Proparco is supporting the construction and operation of a wind farm in southeast Turkey. Belen Elektrik’s project also includes the connection to the power grid and the construction of roads to the s...
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