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BRENNAND

Brennand Energia, one of the leaders in Brazil’s renewable energy sector, is building eight hydropower plants in several of the country’s States. They will increase power generation in these regions.

Led by Proparco and IFC, Circulate Capital Achieves Third Close for Circulate Capital Ocean Fund I-B

Circulate Capital, the Singapore-based investment-management firm financing high-growth opportunities at the nexus of climate technology, plastic recycling, and the circular economy, announced today a t...

Proparco supports Ananta Group, a leading apparel producer in Bangladesh

With this USD 13.8M loan, Proparco, the French Development Finance Institution, supports Ananta Huaxiang Limited (AHL), a subsidiary of Ananta Group in Bangladesh, to increase its sweater manufacturin...

In Turkey, Proparco and DenizBank join forces to support green projects and farmers

Proparco and DenizBank have successfully signed a 45 million euro senior loan. Thanks to this facility, the Turkish bank will expand its support to green projects (renewable energy and energy efficien...

Proparco and Vitas Group join efforts to support small entrepreneurs in Iraq with a new partnership

The USD 3.95 million portfolio guarantee granted by Proparco marks its first operation with the microfinance sector in Iraq. It testifies to its commitment to supporting the private sector in fragile...

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...

In Nigeria, Proparco and the European Union support the FCMB bank in its digital offer dedicated to high impac...

Proparco and the European Union (EU) are supporting a major Nigerian bank, First City Monument Bank Ltd (FCMB), through the financing of a €325,000 technical assistance (TA) program. This TA program w...