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Linking public and private action for sustainable waste management
When it comes to managing waste in developing countries, the private sector can contribute technical skills, organisational capabilities and flexibility. Yet private sector involvement alone will not...
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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.
Project
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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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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