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GICAM, Proparco and AFD join forces to draft Central Africa's first code of good governance for companies
The signing of a partnership between GICAM and AFD Group will enable the work undertaken since January 2020 to continue within the framework of the Good Corporate Governance Initiative. The Code of Go...
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AFD Group and EBRD to strengthen cooperation
Addressing key development challenges in the wake of the coronavirus pandemic, the European Bank for Reconstruction and Development (EBRD) and the Groupe Agence Française de Développement (AFD), throu...
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Choose Africa launches the FISEA+ facility: a new EUR 210m investment capacity for African MSMEs
In 2009, AFD Group set up the FISEA facility with the objective of promoting economic growth and the creation of start-ups and MSMEs on the continent. As the initial investment capacity of EUR 250m ha...
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Proparco supports d.light's, a global leader in solar energy
Proparco’s equity funding will enable d.light to provide energy access to millions of people living without reliable energy access
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BAJO FRIO
Fountain Intertrade Corporation is building a hydropower plant to the west of Panama with Proparco’s support. This project will reduce the country’s dependence on fossil fuels, while strengthening the...
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Proparco, IFC and Cerba Lancet Africa Partner to Expand Diagnostic Capacity, Support COVID-19 Response in Afri...
To strengthen diagnostic capacity and the health response to COVID-19 in Africa, including in some of the continent’s poorest and most fragile countries, IFC, Proparco, and Cerba Lancet Africa today a...
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Proparco subscribes to a social and green bond issued by Symbiotics
Proparco has just made a USD 5m subscription to a social and green bond issued by Symbiotics for a total amount of USD 14.5m. The proceeds from the bond will be onlent to the Armenian bank Araratbank...
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IFC, Proparco, DEG and DFC to Support COVID-19 Vaccine and Pharma Manufacturing in Africa
To strengthen Africa’s vaccine and pharmaceutical development and to accelerate the continent’s recovery from the COVID-19 pandemic, the International Finance Corporation (IFC), Proparco, the German D...
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Scaling Solar: Two PV Plants Bring Clean Energy to More Than 500,000 in Senegal
Nearly 540,000 people in Senegal will get access to clean and affordable power following the launch of two solar photovoltaic (PV) plants, financed by IFC, the European Investment Bank and Proparco, u...
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The Global Impact Investing Network (GIIN) joins the Finance in Common Initiative
The Global Impact Investing Network (GIIN) enters the Finance in Common System (FiCS) by signing the Joint Declaration of all Public Development Banks in the World. This new endorsement of the global...
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Proparco supports the modernization of Umm Qasr port infrastructure in Iraq
Proparco grants a $33 million loan to Terminal Link for the renovation of a port infrastructure in Iraq. The project involves the rehabilitation and extension of a container terminal at the port of Um...
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Sabesp, IDB Invest and Proparco support access of 400,000 households to sanitation and depollution of the Rio ...
IDB Invest closed a fully underwritten long-term local currency loan for up to 940 million BRL (approximately USD 200 million) mobilizing half of the facility with the support of PROPARCO, who provide...
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European Union, Proparco and Tamweelcom join efforts to support small businesses in Jordan
While Micro, Small and Medium Enterprises (MSMEs) represent 80% of Jordanian businesses, they are still struggling with access to credit. With a JOD 3.64 million senior loan, the European Union (EU) a...
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Joliba Capital and LBO France announce the first close of Joliba Capital Fund I
The fund will target investment opportunities across Francophone countries in Western and Central Africa to develop small and mid-cap regional champions seeking growth capital and operating expertise.
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ANKA Secures US$5M Funding in pre-Series A Extension to Export Africa
International Finance Corporation (IFC) along with Proparco and French Public Investment Bank to advocate the promotion of Africa’s creative economy to the world
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Mediterrania Capital Partners, DEG, Proparco and FMO invest €75 million in Laprophan, one of the leading pharm...
Casablanca. Mediterrania Capital Partners, a Private Equity firm focused on growth investments for SMEs and mid-cap companies in North Africa and Sub-Saharan countries, is pleased to announce its acqu...
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Ghanaian Agritech Startup, Complete Farmer Raises $10 million Pre-Series A to Drive Expansion Plans
Complete Farmer, an end-to-end digital, agricultural marketplace that connects African farmers and global industries to competitive markets, resources, data, and each other on a single platform, raise...
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Proparco signs agreement to provide $20-million financing to Satya MicroCapital in boost to women entrepreneur...
The French Development Agency’s private sector financing arm, Proparco, today signed an agreement of 20 million USD to support Satya MicroCapital’s commitment to empowering women entrepreneurs in rura...
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In Senegal, the Facility for Energy Inclusion, managed by Cygnum Capital arranged additional debt for AktivCo
The Facility for Energy Inclusion (“FEI”), managed by Cygnum Capital (formerly Lion’s Head Group), arranged EUR 49.9 million of additional debt from the existing lender group for Camusat’s energy serv...
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IDB Invest and Proparco partner with Águas do Rio to provide clean water and sanitation to 10 Million Brazilia...
The project will benefit from expanded drinking water supply, reduced water losses, and sewage collection and treatment services.
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