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Proparco joins Africa’s largest low-to-zero emission vehicle subscription platform MAX as a new investor
Metro Africa Xpress Inc. (“MAX”) - the largest vehicle subscription platform for low-to-zero emission vehicles in Africa, announces it has raised $31 million of new capital, in the first close of a Se...
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BELEN ELECTRIK
Proparco is supporting the construction and operation of a wind farm in southeast Turkey. Belen Elektrik’s project also includes the connection to the power grid and the construction of roads to the s...
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Proparco and IFC Invest in Bedding Maker Dolidol, Supporting Job Creation in Morocco and Nigeria
A financing package from IFC and Proparco will help Dolidol, a Moroccan manufacturer and distributor of polyurethane (PU) foam and bedding products, expand its production and sales to Nigeria, and gre...
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Proparco and BNI, Madagascar's leading bank, join forces to support the growth and development strategy of the...
Proparco will sign a 10 million euro loan with BNI MADAGASCAR in the coming days to strengthen the bank's equity and support its sustainable growth strategy in Madagascar.
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Proparco and SIPEM Banque strengthen their partnership in favor of Malagasy MSMEs
After the granting of a portfolio guarantee in May 2019, Proparco renews its support to SIPEM BANQUE MADAGASCAR with a guarantee of 9.2 billion ariary (2 million euros). Set up thanks to the resources...
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New issue of the magazine Private Sector & Development: #36 Technical Assistance: widening the field of possib...
The 36th edition of Proparco's Private Sector & Development (PS&D) magazine is devoted to technical assistance, an instrument at the service of development commonly used by all actors (international o...
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Expertise France joins AFD Group, allowing for a Holistic Approach to Development
The interministerial agency responsible for technical cooperation, Expertise France, joined AFD Group on January 1, 2022. With AFD subsidiary Proparco operating in the private sector, the Group now pr...
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Proparco and Armeconombank join forces to support SMEs and finance green projects in Armenia
Proparco and Armeconombank have signed a $10 million loan to finance SMEs and green projects in the country.
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In Brazil, Proparco and DEG grant a $40 million loan to Banco Industrial do Brasil to support SMEs
The transaction consists of a USD 40 m senior loan Facility arranged by DEG, with USD 20 m provided by Proparco, to the Brazilian bank Banco Industrial do Brasil (BIB). The funds will support BIB’s le...
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Proparco and Absa join forces to support SMEs impacted by the Covid-19 crisis
Proparco is collaborating with South Africa's third largest bank by assets, Absa Bank Limited, by granting it a senior loan of $20 million to contribute to its support plan for Corporate SMEs in the c...
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FinDev Canada, US DFC, Proparco and AXA XL partner with MFX Currency Risk Solutions to facilitate impact inves...
FinDev Canada, US DFC, Proparco and AXA XL announced they are providing an innovative financing solution to MFX Currency Risk Solutions (MFX) to enhance its liquidity and help position it for its next...
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Proparco strengthens its partnership with Société Générale to support Chadian SMEs
Within the framework of the Choose Africa Resilience initiative, Proparco and Société Générale Chad have signed two guarantees to support micro, small and medium enterprises.
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BIC BANCO
By financing Bic Banco, Brazil’s 5th largest bank, Proparco is supporting credit for the country’s agricultural and agro-industrial companies. The entire agricultural supply chain will be strengthened...
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In Turkey, Proparco continues supporting AKlease in its green leasing projects
A new loan agreement in the amount of USD 35 million has been successfully signed between Proparco and AKLease. This is the only loan facility Proparco has extended to the Turkish financial sector in...
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Proparco supports GreenYellow’s commitment to renewable energy production in South-East Asia
Through a $25 million investment, Proparco will contribute to the development of small scale, decentralized solar plants for commercial and industrial clients in Thailand, Cambodia and Vietnam.
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Bank of Palestine, Cairo-Amman Bank, Proparco and the EU launch the second phase of the SUNREF green finance p...
Within the context of the 3rd meeting of the EU-Palestine Investment Platform, Proparco, an AFD Group subsidiary, signed a 60 million euro financing package with Cairo Amman Bank (CAB), Bank of Palest...
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European EFSD+ guarantee tool: a driver to boost the private sector in high-risk sectors and geographical area...
Mobilizing funds delegated by the European Union is a strategic priority for AFD Group’s operations. Some €3bn of funds were mobilized between 2014 and 2020 for the entire Group. PROPARCO has been acc...
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Proparco and TBC join forces to support SMEs in Georgia
The operation consists in a $50 million credit facility to JSC TBC Bank ("TBC"), Georgia's leading bank, which will be dedicated to financing SMEs in the country.
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Proparco and AB Bank Zambia sign landmark partnership to support Zambian MSMEs
The partnership, part of Proparco’s Choose Africa and ARIZ initiatives, consists of two portfolio loan guarantees totalling 2 million Euros. The guarantees will further boost AB Bank’s financing offer...
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IN CAMEROON, PROPARCO AND AFRILAND FIRST BANK SIGN A 15 MILLION EURO TRADE FINANCE OPERATIONS GUARANTEE
Proparco grants a €15 million Trade Finance guarantee to Afriland First Bank. This first partnership between the two institutions will support the financing of imports in Cameroon.
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