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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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Daystar Power secures $38 million Series B investment led by IFU
The investment will allow West Africa’s fastest growing C&I solar provider to accelerate its regional expansion.
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In Cameroon, MPMEs will be eligible to benefit from AFD Group's new guaranteed loans offer
Cameroun is one of the first countries to benefit from loans guaranteed at 80% by AFD Group, made possible thanks to the resources specifically allocated by the French State in favor of MSMEs affected...
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PROPARCO and DEG sign a USD 65m loan to MCB to support its clients affected by the Covid-19 crisis
A USD 65m loan has been signed between Proparco, its German counterpart DEG and Mauritius Commercial Bank Limited (MCB). The objective is to support Mauritian businesses affected by the crisis
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Proparco and ACBA Bank cooperate to support SMEs and the agricultural sector in Armenia
Proparco granted a $20 million credit line to ACBA Bank to help the bank further support SMEs and businesses in the agricultural sector, which play a key role in job creation and access to essential g...
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Nigeria: PROPARCO has allocated a guarantee to UBA to support SMEs
Proparco has just allocated a portfolio guarantee to United Bank for Africa (UBA) to facilitate access to loans for Nigerian SMEs. Proparco’s operation will specifically contribute to financing SMEs i...
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Averroès Finance III
The Averroès Finance III Fund, launched by Bpifrance Investment and BPI France Private Equity, targets venture capital funds which finance SMEs and midcaps located in the Maghreb and Mashreq regions a...
Project
Proparco provides Evex Hospitals with a grant to support its operations against covid19
This grant will finance exceptional protective equipment costs caused by the pandemic. It recognizes the key role the private sector is currently playing to overcome the health and economic crisis and...
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New partnership between AFD Group and Société Générale to support MSMEs in Africa affected by the crisis
To meet the needs of MSMEs affected by the crisis on the African continent, Proparco has set up an exceptional guarantee to cover part of the financing that financial institutions can grant them. Soci...
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Proparco supports Microfinance Solidaire's commitment to financial inclusion and access to energy
Thanks to a €2 million loan granted by Proparco, Microfinance Solidaire will expand its support to some twenty microfinance institutions and social enterprises in Africa, Asia and Haiti. This operatio...
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In India, Proparco increases its investment in LOK Capital’s third fund to support financial inclusion players...
Through a new USD 5 million commitment to the LOK III fund, Proparco supports companies in the financial inclusion sector impacted by the Covid-19 crisis and helps them to reinforce access to credit f...
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Mali : with Proparco's support, Banque Atlantique Mali is financing women's entrepreneurship
Proparco and Banque Atlantique, a subsidiary of Morocco’s Banque Centrale Populaire (BCP) Group, have signed an FCFA 500m EURIZ guarantee agreement to promote the allocation of loans to Malian SMEs ma...
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French and Canadian DFIs launch capacity-building project for women entrepreneurs
Findev Canada, Agence française de développement (AFD) and Proparco have announced the launch of a capacity-building project for women entrepreneurs in the context of the covid-19 pandemic.
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Inauguration of a training center in Abidjan, PROPARCO is supporting the development of the Mission Laïque F...
The historical operator for French education abroad has inaugurated its training center which will contribute to the development of innovative education in West Africa. It has been set up with financi...
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