Search results

First Farmer-led Company in India raises Capital from Group of European Investors

Sahyadri Farms Post Harvest Care Limited raised Rs.310Crs (almost EUR 40 million) growth capital from a group of impact-focused investors. Incofin, Korys, FMO and Proparco see Sahyadri Farms well-pla...

Janngo Capital Startup Fund, Africa’s largest gender equal tech VC fund reaches the first close of its €60 mil...

At the eve of the 77th Session of the UN General Assembly (UNGA), Janngo Capital Startup Fund (JCSF) has announced its first close at EUR34 million (approximately US$36 million) in capital commitments...

Proparco and Coronation Merchant Bank Limited sign a $20 Million Trade Finance Guarantee Facility in Nigeria

Proparco announced a $20M Trade Finance Guarantee Facility for Coronation Merchant Bank (CMB). This will enable Coronation Merchant Bank to establish and deepen partnerships with correspondent banks,...

Proparco, the Ministry of Europe and Foreign Affairs of France and Team Europe support TCX to promote local cu...

In times of economic instability, Proparco, joins forces with the European Commission and several other European sovereigns in supporting TCX to protect households and businesses in the poorest countr...

BTK

The Tunisian-Kuwaiti bank is supporting the development of SMEs in Tunisia. PROPARCO’s support is allowing it to diversify its financing sources, improve its banking services, and continue to finance...

Zimbabwe

Pays

Strengthening financial systems and facilitating access to finance for MSMEs

A resilient, efficient and well-regulated financial system is essential to the economic stability and resilience of developing and emerging countries. Proparco works in this sector to strengthen local...

Françoise Lombard, CEO of Proparco, chooses Morocco for her first trip To North Africa

For her first visit to North Africa since her nomination as head of Proparco, Françoise Lombard has chosen Morocco. On this occasion, she will meet with companies supported by Proparco, notably in the...

Proparco sells its stake in BICICI

Proparco and the Bank for Trade and Industry Mauritania sign a USD 12 Million Guarantee for Trade Finance oper...

The guarantee package granted by Proparco amounts to 12 million dollars. It will enable Banque pour le Commerce et l'Industrie (BCI) Mauritanie to strengthen its import financing activity in Mauritani...

Sub-Saharan Africa: towards a low-carbon economy

Renewable energies hold a specific place within the mission and actions supported by Proparco all over the world. Since 2000, Proparco has financed 125 energy projects in developing countries represen...

Proparco, DEG, FMO and several US private sector investors join DPI, as partners in KELIX bio which delivers l...

Proparco, along with DEG, Germany’s development finance institution and FMO, the Dutch development bank, is joining Development Partners International (“DPI”), a premier investment firm focused on Afr...

Proparco and Ecobank Côte d'Ivoire strengthen their collaboration for the benefit of Ivorian SMEs

On the occasion of the 3rd edition of the Finance in Common Summit (FICS), Rémy Rioux, Chief Executive Officer of Agence Française de Développement (AFD), Proparco and Ecobank Côte d'Ivoire signed two...

Private Sector & Development magazine: latest issue dedicated to climate change adaptation

To mark COP27, which will be held in Egypt from 6 to 18 November, Proparco has released the 38th issue of its Private Sector & Development magazine dedicated to climate change adaptation. Through anal...

To strengthen the economic role of women in India, Proparco supports Lighthouse Funds

Proparco invests USD $15 million in private equity in Lighthouse India Fund IV AIF (Fund India), an India’s leading growth-stage private equity firm which applies the 2X Challenge criteria to its port...

Proparco, an institution committed to gender equality

To mark International Women's Rights Day on 8 March 2024, Barbara Kong and Manon Rajot – in charge of impact and gender equality missions, respectively, at Proparco – explain how the Agence Française...

Baobab Banque Madagascar reduces inequalities by promoting micro-entrepreneurs, with the support of Proparco

Baobab Banque Madagascar has signed a €2 million portfolio guarantee with Proparco. The agreement enables Baobab Banque Madagascar to share the risks associated with its microfinance business. As a re...

Banco Ademi, Proparco and the European Union support the financial inclusion of Dominican entrepreneurs

Banco Ademi, strengthens its partnership with Proparco by granting two ARIZ and EURIZ portfolio guarantees equivalent in DOP to 10 million euros in Dominican pesos, and a technical assistance to the l...

Proparco and NCBA Group join forces to support green financing and women economic empowerment in Kenya

Proparco has signed a USD 50m facility with NCBA Kenya, a leader in the financial services sector. The funding will contribute to NCBA’s “Change The Story” sustainability agenda. NCBA is joining the...

Finafrica, a Groupe Duval subsidiary and Pan-African microfinance and insurance player, opens up its equity to...

Finafrica, a leading Pan-African provider of microfinance and insurance services and a subsidiary of Groupe Duval, announces a significant milestone in its growth journey with the entry of Proparco as...