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Proparco and the NSIA Group support Ivorian MSMEs affected by the covid-19 crisis
On the occasion of the visit of the French Minister of Economy and Finance, Mr. Bruno Le Maire, Proparco and the NSIA Group have signed a new partnership to finance Ivorian companies. The Choose Afric...
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Azure Power
Proparco is continuing to support Azure Power, a photovoltaic operator based in India. This equity investment in the company's capital increase will allow it to develop and implement new projects.
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Development finance institutions in DRC to increase their collaboration on the ground
Fifteen Development Finance Institutions (DFIs) operating in the Democratic Republic of Congo (DRC) met and vowed to work closely together to support the country’s private sector.
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International Collaboration of DFIs agree new steps to increase the resilience of economies threatened by the ...
The Group of G7 Development Finance Institutions working together under the DFIs+ Adaptation and Resilience Collaborative has put forward a practical plan to the G7 on actions to accelerate investment...
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Proparco, EIB and EBRD provide €87.4 million for construction of Total Eren’s solar power plant in Uzbekistan
The government of Uzbekistan’s plans to develop 8 GW of solar and wind capacity by 2030 have received a major boost following the approval of an €87.4 million financing package jointly organised by th...
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Proparco participates in the first close of Ascent Rift Valley Fund II
African private equity fund manager Ascent today announced the first rolling close of its Ascent Rift Valley Fund II (ARVF II) at more than USD 100 million, significantly exceeding its initial target...
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Save the date: on 8 June, PROPARCO invites you to its digital broadcast “Choose Africa On Air”
The “Choose Africa On Air” digital broadcast on 8 June will bring together economic players, entrepreneurs, experts and financial partners to share their experiences and exchange ideas live. You wi...
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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...
Project
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 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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