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QMC Telecom International secures $115 million in two credit facilities
QMC Telecom International Holdings LLC ("QMC" or the “Company”), Latin America’s leading digital wireless infrastructure growth platform, today announced the successful closing of two credit facilitie...
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In 2023, Proparco committed nearly €2.7 billion in financing, 40% of which included climate co-benefits
Proparco, AFD Group's private sector arm, has announced a record level of activity with almost €2.7 billion committed to finance over 200 projects in the regions in which it operates. Africa, Climate...
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Proparco mobilizes USD 10 million for food security in Africa by supporting One Acre Fund
A partnership to support sustainable food systems and smallholder farmers in nine African countries as part of the French-led international initiative FARM - Food and Agriculture Resilience Mission
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Proparco and KCB Bank sign US$95M Credit Line for Sustainable Projects and Women Support
Proparco and KCB Bank Kenya have entered into a strategic partnership to finance climate-related investment projects and empower women entrepreneurs in Kenya.
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IFC, British International Investment, and Proparco Partner to Support Sonatel's Telecoms Expansion in Senegal
To accelerate Senegal's digital transformation, IFC and partners British International Investment (BII) and Proparco today announced a financing package for Sonatel to improve essential telecommunicat...
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"Acting in fragile contexts": the 41st issue of Private Sector & Development magazine is available
Proparco is publishing the 41st edition of its Private Sector & Development magazine, devoted to fragile contexts. If no action is taken, fragile countries will account for 80% of the world’s poverty...
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Serengeti Energy and Proparco sign a €250,000 agreement to boost climate adaptation in Sub-Saharan Africa
Serengeti Energy, a leading renewable energy company, and Proparco, the French development finance institution, have signed a landmark €250,000 grant agreement to support climate change adaptation for...
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Express Union Chad expands its microfinance business with support from Proparco
Express Union Tchad, a subsidiary of the Express Union Group, is one of the country's leading microfinance institutions (MFIs), promoting access to financing for women and rural populations. The MFI h...
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Proparco announces its intention to join the EBRD's Trade Finance Programme in support of Ukraine's economic r...
On the occasion of the “Ukraine Recovery Conference” held in Berlin on June 11 and 12, 2024, Proparco announced its intention to join the support programme for Ukraine set up by the European Bank for...
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CST
CST plays a key socioeconomic role in Chad: the sugar company is the country’s largest private employer. The increase in its production will contribute to improving living conditions for local populat...
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IFC, Proparco and RMB Partner with WIOCC Group to Expand Digital Infrastructure in Africa
A financing package announced today from IFC and Proparco for digital infrastructure provider WIOCC Group will fund WIOCC’s expansion strategy in three African countries, enhancing the continent’s dig...
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AVMA: Aspen and the DFIs reaffirm their partnership and their support to vaccine production in Africa
At a time when the global health community is gathered in Paris for the launch of the African Vaccine Manufacturing Accelerator (“AVMA”), which is expected to support and increase African vaccine prod...
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Amref International University Secures USD 5 Million from Proparco to Advance Health Workforce Training in Afr...
Amref International University (AMIU), a subsidiary of Amref Health Africa, has entered into a landmark partnership with Proparco, the French development finance institution, securing a USD 5 Million...
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In Uzbekistan, Proparco finances a solar PV plant and the largest Battery Energy Storage System of the country
Proparco, alongside EBRD, KfW, DEG, IsDB and Standard Chartered Bank, participates in the financing of the Tashkent project, a 200MW solar plant and a large-scale 500MWh Battery Energy Storage (BESS),...
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Digital inclusion: Orange Jordan improves access to broadband Internet and digital skills, with the support of...
With the aim of developing digital inclusion in Jordan, Proparco is allocating a 15MUSD loan to Jordan Telecommunications Company (“JTC”), a subsidiary of Orange Middle East Africa, focusing primarily...
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Press release: Proparco invested €2.3 billion throughout the world in 2022, including 45% in Africa
With 214 projects confirmed in 2022 for an amount of €2.3 billion, Proparco’s activity broke the €2 billion barrier for the fourth year in a row. The year 2022 closed out Proparco’s 2020-2022 strategi...
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In Uzbekistan, Proparco finances a new wind farm to boost the development of renewable energy
Proparco, alongside development finance institutions EBRD and DEG, is participating in the financing of the Nukus project, a 100MW onshore wind farm developed by ACWA Power in Uzbekistan, by providing...
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In Ghana and Senegal, Proparco supports Gravita, an Indian industrial recycling company
Proparco and OeEB, the Austrian DFI, join forces to provide a €34 million senior debt funding to Gravita Netherlands B.V. (GNBV), the overseas division head of Gravita India Limited (GIL). The group i...
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In Turkey, DenizBank is committed to the climate and earthquake victims, with the support of Proparco
Proparco provides Denizbank with a senior debt up to USD 70 million, as part of a $610 million equivalent Diversified Payment Rights (DPR) issuance. The bank will thus be able to participate in the re...
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Cathay Capital III
Cathay is a French company specialized in cross-border investment between China and France. It is launching Cathay Small Cap III, a fund which will make equity investments in companies with high poten...
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