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CFE Tunisie
CFE is a microfinance institution based in Tunisia which focuses on women and young entrepreneurs. It specifically helps SMEs and microenterprises move from the informal sector to the formal sector.
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With USD 1B worth of investments, Proparco marks 15 years in Nigeria
Lagos, 28 September 2023 - Proparco, a French development finance institution, is proud to mark 15 years of operations in Nigeria with a total of USD 1B invested over the period. Since its inception i...
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In Chad, Proparco supports ZIZ Energie to develop the construction of micro-grids
Proparco has granted a €1.5 million loan to ZIZ Energie, a construction company specialising in rural and urban electrification. The funding will enable ZIZ Energie to launch a decentralised energy in...
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Latest issue of Private Sector & Development #39: “Food security: the contribution of the private sector"
To mark World Food Day on October 16, the 39th issue of Proparco’s Private Sector & Development magazine is devoted to food security.
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Armenia: generating efficient agriculture and clean energy
Initiatives by farmers, local people and businesses in Armenia to maintain and develop rural areas are growing, with the support of AFD Group. We report on two projects supported by Proparco, the Grou...
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STOA, DFC, Proparco join FMO in a $43 million equity investment in Husk, a minigrid leader in Sub-Saharan Afri...
Husk Power Systems (Husk), the leading minigrid company serving rural communities in Sub-Saharan Africa and South Asia, has secured a new round of equity investment totalling $43 million. New investor...
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Almouneer - the digital transformation platform revolutionising Middle East and Africa Healthcare - raises $3....
Seed round led by Global Ventures, plus leading international investors - Proparco and Digital Africa through the Bridge Fund (FRA) and Wrightwood Investments (UK) - and other international funds. Pr...
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In the Dominican Republic, Proparco and Banco Ademi support the financial inclusion of micro-entrepreneurs
Proparco has just granted a senior loan equivalent in Dominican Pesos (DOP) of $15 million dollars to Banco Multiple Ademi, S.A. (Banco Ademi), the leading Dominican microfinance institution. This ne...
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In Guinea, Proparco and Vista Gui strengthen their partnership in support of SMEs
As part of the Africa Financial Industry Summit (AFIS) to be held in Lomé on November 15 and 16, 2023, Proparco and Vista Bank Group have just signed several guarantee and loan agreements to help fina...
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Proparco and Banco Daycoval commit to Brazilian companies and green projects
Proparco has just granted a five year $75 million senior credit line to Banco Daycoval, a financial institution committed to supporting SMEs. This new partnership, announced following FELABAN's 57th...
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Proparco and Société Générale Sénégal strengthen their partnership to support entrepreneurship in Senegal
Proparco is once again supporting a long-term partner by granting Société Générale Sénégal an "ARIZ" portfolio guarantee to boost credit to VSEs and SMEs.
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CIB Offshore 2014
CIB Offshore’s activities include support for investors in free zones in Tangiers and Kenitra, in Morocco. Proparco is supporting this activity by financing industrial companies which are established...
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COP28: "We need to strengthen climate finance and adaptation"
With COP28 taking place in Dubai from 30 November to 12 December 2023, Arnaud Uzabiaga, Head of Proparco’s Impacts Division, explains how Agence Française de Développement's private sector arm is ramp...
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Amethis, Africinvest, Proparco and IFC acquire a majority stake in Netis
A consortium of investors including Amethis, Africinvest, Proparco and the International Finance Corporation (IFC) has acquired a majority stake in Netis, a leading pan-African telecommunication infra...
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Dakar Mobilité secures financing for the first-ever 100% electric BRT bus system in sub-Saharan Africa
Dakar Mobilité, a Senegalese company owned by Meridiam and the Fonds souverain d'Investissements stratégiques du Sénégal (FONSIS), has raised €135 million needed to deploy Dakar's future electric BRT...
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Proparco and DEG strengthen their partnership with MCB, in favour of climate finance in Mauritius
To support the scaling of climate finance in Mauritius, Proparco and DEG announced a new partnership with The Mauritius Commercial Bank Ltd (MCB) to support the bank in expanding its climate finance o...
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BII, FMO, Proparco and Frontier Energy co-invest in Planet Solar, Sierra Leone’s first large-scale grid-connec...
Development Finance Institutions, British International Investment ("BII"), FMO, and Proparco, and renewable fund manager Frontier Energy today announced a co-investment of over $52 million for Planet...
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In South Africa, Proparco supports Investec in its climate finance strategy
At COP28, Proparco announced a renewed commitment to Investec, a leading South African bank committed to sustainability, by granting it a €500,000 euro technical advisory facility. This new agreement,...
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Proparco has joined the shareholding of Harley’s, a leading pharmaceutical distributor in Kenya
Together with Mauritian conglomerate IBL, Proparco has closed the acquisition of a majority stake in Harley's, alongside the founding family. Proparco’s goal is to expand the supply of medicine and he...
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