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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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Proparco and IFC Invest in Bedding Maker Dolidol, Supporting Job Creation in Morocco and Nigeria
A financing package from IFC and Proparco will help Dolidol, a Moroccan manufacturer and distributor of polyurethane (PU) foam and bedding products, expand its production and sales to Nigeria, and gre...
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Proparco and BNI, Madagascar's leading bank, join forces to support the growth and development strategy of the...
Proparco will sign a 10 million euro loan with BNI MADAGASCAR in the coming days to strengthen the bank's equity and support its sustainable growth strategy in Madagascar.
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Proparco and SIPEM Banque strengthen their partnership in favor of Malagasy MSMEs
After the granting of a portfolio guarantee in May 2019, Proparco renews its support to SIPEM BANQUE MADAGASCAR with a guarantee of 9.2 billion ariary (2 million euros). Set up thanks to the resources...
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New issue of the magazine Private Sector & Development: #36 Technical Assistance: widening the field of possib...
The 36th edition of Proparco's Private Sector & Development (PS&D) magazine is devoted to technical assistance, an instrument at the service of development commonly used by all actors (international o...
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Expertise France joins AFD Group, allowing for a Holistic Approach to Development
The interministerial agency responsible for technical cooperation, Expertise France, joined AFD Group on January 1, 2022. With AFD subsidiary Proparco operating in the private sector, the Group now pr...
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Proparco and Armeconombank join forces to support SMEs and finance green projects in Armenia
Proparco and Armeconombank have signed a $10 million loan to finance SMEs and green projects in the country.
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In Brazil, Proparco and DEG grant a $40 million loan to Banco Industrial do Brasil to support SMEs
The transaction consists of a USD 40 m senior loan Facility arranged by DEG, with USD 20 m provided by Proparco, to the Brazilian bank Banco Industrial do Brasil (BIB). The funds will support BIB’s le...
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