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Proparco participates in Berkeley Energy’s new Africa Renewable Energy Fund II
The €130 million fund will focus on the development, construction, and operation of renewable energy assets and technologies across Sub-Saharan Africa.
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Proparco 2020 Sustainable Development Report: A focus on Proparco’s project monitoring, its impact on gender ...
How does Proparco monitor the real impact of its projects? What impact do they have on female employment, and what measurement indicators has Proparco adopted? What does its extra-financial offer “PRO...
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Proparco, IFC, DEG and DFC Support South African COVID-19 Vaccine Maker, Aspen
To support the development of vaccines for African countries, Proparco, IFC, DEG - the German development finance institution, and the U.S. International Development Finance Corporation (DFC) today an...
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Launching a New Global Industry Body that Convenes the Entire Spectrum of Investors to Promote Gender Lens Inv...
Some of the largest household names in the global investment industry today announced that they would be backing a new industry body set up to promote investment in women.
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Proparco and National Bank of Iraq have signed a $10 Million Trade Finance Guarantee
Proparco has just granted a trade finance guarantee for $10 million to National Bank of Iraq (NBI). This project is the first collaboration between Proparco and NBI and will support local importers in...
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In Ecuador, PROPARCO has signed two new projects in the agribusiness and telecoms sectors
By allocating a USD 15m loan to SONGA, a shrimp producer, and a USD 25m loan to Phoenix Tower International Ecuador (PTIE), a telecoms company, PROPARCO has reiterated its support to Ecuador’s private...
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BANCO PROCREDIT
Banco ProCredit Ecuador is a financial institution which aims to focus its support on the country’s microenterprises and SMEs. It also conducts a training policy, which is offered to both its employee...
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Proparco invests in Bank of Palestine to foster inclusive growth in Palestine
Bank of Palestine (BOP) and Proparco jointly announced today the signing of an agreement that will see FISEA (the AFD Group fund advised by Proparco), invest USD 12 million in Bank of Palestine throug...
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IDB Invest, Proparco, FinDev Canada and Sofisa support SMEs in Brazil by facilitating access to financing
IDB Invest, a member of the IDB Group, has provided financing for US$200 million to Banco Sofisa S.A. (Sofisa) in Brazil, together with Proparco and FinDev Canada. The proceeds will contribute to incr...
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Metier-led consortium invests US$36 million into AMN to expand coverage in remote rural Africa
A consortium led by Metier, an independent African private equity fund manager, has invested US$36 million into Africa Mobile Networks Ltd (“AMN”). The consortium includes CDC Group (the UK’s developm...
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Proparco and Ecobank increase support for MSMEs in Ghana
Proparco and Ecobank Ghana, an affiliate of the Pan-African Banking Group, Ecobank Transnational Incorporated (ETI), have today signed a partnership agreement aimed at increasing access to finance for...
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Proparco partners with impact manager INCOFIN IM to invest in the rural Indian economy
Proparco and Incofin IM announce the successful first closing of the Incofin India Progress Fund (IPF) with over EUR 50 million of commitments. The fund will make private equity investments in the Ind...
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Proparco becomes the shareholder of Credo Bank
Proparco and Credo Bank signed an equity investment agreement based on which Proparco has become a new shareholder of the bank. The investment supports the acquisition of Finca Bank Georgia by Credo a...
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Proparco and IFC to finance Kasada's first acquisition to support the hospitality sector in sub-saharan Africa
Kasada has secured a strategic partnership with the International Finance Corporation (IFC) to create a large hotel portfolio in Sub-Saharan Africa through a US$160 million debt facility, of which a U...
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From the dream of a cashless Africa to a constantly expanding start-up: the Zoona story
Founded in 2009, the Zambian start-up Zoona is now in full expansion. Like all venture capital-backed start-ups, Zoona has been through its fair share of ups and downs. Its founder Mike Quinn gives us...
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Supporting start-ups in Africa: Schneider Electric’s approach
In Africa, Schneider Electric implements a strategy based on supporting innovation, by taking a commercial approach tailored to people’s needs, managing two specialized impact funds which focus on soc...
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Why and how does Orange finance innovation in Africa?
Africa, which has already experienced some entrepreneurial success stories, is powering up and seeing the emergence of a new generation of entrepreneurs in innovation. However, digital Africa still fo...
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Supporting digital innovation ecosystems: what role for DFIs?
When it is properly supported, digital innovation can act as a powerful catalyst for achieving sustainable development goals (SDGs). Innovation dynamics are very important in Africa and play a key rol...
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What role can DFIs play in promoting the development of the African venture capital ecosystem?
Over the past few years, a number of DFIs have announced the launch of venture capital investment programmes for Africa – initiatives that should help promote start-up activity across the continent, a...
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Why are there so few unicorns in Africa and what are the key factors for success to help them emerge?
VC-backed African companies have just completed their first life cycle. The prospect of Africa generating unicorns is optimistic but achievable: it offers giant underserved markets, its companies and...
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