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Proparco invests in the Egypt-focused LCP Fund II
Through a US$11 million investment in LCP Fund II, Proparco will help bridge the long-term financing gap for Egyptian mid-cap companies.
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The President of the Republic of Mozambique officially launches the construction works for the Metoro solar po...
A ceremony was held on Friday 23 October 2020 in Metoro, in the north of the country, in the presence of the President of the Republic, Mr. Filipe Nyusi, and the French Ambassador, Mr. David Izzo, to...
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Sri Lanka: Supporting SMEs in rural areas with Hatton National Bank
PROPARCO has just allocated a USD 60m credit line to Hatton National Bank to finance loans for small and medium-sized enterprises in Sri Lanka. At least half of this credit line will be earmarked to f...
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PUSH SME, the SME support mechanism of Société Générale, a Choose Africa partner of PROPARCO
Support for African SMEs is central to Société Générale Group’s strategy. In 2018, the Group started deploying “Push SME”, its mechanism to support SMEs in Africa, for a period of four years. As part...
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European bilateral DFIs and EIB launch €280M financing initiative to support Covid-19 impacted businesses
EIB and EDFI members expand existing - European Financing Partners (EFP) - financing scheme to reduce the economic impact of the Covid-19 pandemic on private sector companies in developing countries.
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Armstrong
The Armstrong Fund is based in Singapore and invests in small-scale renewable energy projects (solar, hydro, wind and biogas) in Southeast Asia – sectors which are economically viable but lack financi...
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Finance in Common: read the main announcements and declarations of the Summit
All the public development banks will meet for the first time on November 11th and 12th to discuss major international issues. This international event will take place within the framework of the 3rd...
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Private Sector and Development Special Issue: Public Development Banks tackling global challenges
Presentation of the new special issue of Proparco's Private Sector and Development magazine, by Grégory Clemente and Bruno Wenn, respectively CEO of Proparco and President of the EDFI association.
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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 development of Global Tea in Kenya and Malawi
Proparco, Si Advisers LLP ('Si') and IFU have signed an agreement to provide growth capital to Global Tea & Commodities (‘Global Tea’), a tea, coffee, and macadamia business with operations in Kenya a...
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Côte d'Ivoire: PROPARCO is strengthening its partnership with ADVANS-CI, ECOBANK-CI and SIB to support Ivorian...
During the visit to Côte d’Ivoire by Mr. Franck Riester, the French Minister Delegate for Foreign Trade and Economic Attractiveness, PROPARCO and the financial institutions ADVANS-CI, ECOBANK-CI and S...
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Proparco supports the growth of the Vitalis Group, a leading pharmaceutical company in Latin America
Proparco, alongside Acon Investments, DEG and FMO, acquired the Vitalis Group (Vitalis), a leading manufacturer and distributor of generic injectable pharmaceuticals with production facilities in Colo...
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“Choose Africa on air” webcast: spotlight on entrepreneurial Africa
This event brought together a number of Proparco’s key economic stakeholders, entrepreneurs, experts and financial partners, both in a studio and via a live link-up from Africa. It was an opportunity...
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Global gender finance initiative sets ambitious new $15 billion fundraising goal after securing more than doub...
Over 200 businesses in the developing world received investment over the last three years.
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Banco Popular
PROPARCO is supporting credit for businesses – especially SMEs – by financing Banco Popular Dominicano, the country’s leading private bank. SMEs currently account for a third of its loan portfolio.
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IVORY COAST : Proparco and EAIF partner to finance the first biomass plant with grid injection in Africa
During the visit to Côte d’Ivoire by Mr. Jean-Yves Le Drian, the French Minister for Europe and Foreign Affairs, Proparco and the Emerging Africa Infrastructure Fund (EAIF) have closed a 165M EUR proj...
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Proparco and Ecobank Liberia have signed a USD 10M Trade Finance guarantee
After a pilot Trade Finance project launched in 2017 with Ecobank Group subsidiaries in Mali, Burkina Faso, Guinea and Côte d'Ivoire (and their French subsidiary as confirming bank), PROPARCO has just...
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G7 DFI and multilateral partners to invest over $80 billion into African businesses over the next five years
The G7 DFIs, the IFC, the private sector arm of the African Development Bank, EBRD and the European Investment Bank today announced that they were committed to investing $80 billion in the private sec...
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