News
In Ghana and Senegal, Proparco supports Gravita, an Indian industrial recycling company
Proparco and OeEB, the Austrian DFI, join forces to provide a €34 million senior debt funding to Gravita Netherlands B.V. (GNBV), the overseas division head of Gravita India Limited (GIL). The group i...
Published on
In Uzbekistan, Proparco finances a new wind farm to boost the development of renewable energy
Proparco, alongside development finance institutions EBRD and DEG, is participating in the financing of the Nukus project, a 100MW onshore wind farm developed by ACWA Power in Uzbekistan, by providing...
Published on
Results for 2022: Proparco invested €2.3 billion throughout the world, including 45% in Africa
For the fourth year in a row, Proparco’s commitments topped the two billion euro mark, with a total of 214 projects. The fight against global warming and social and gender inequalities are strong mark...
Published on
Press release: Proparco invested €2.3 billion throughout the world in 2022, including 45% in Africa
With 214 projects confirmed in 2022 for an amount of €2.3 billion, Proparco’s activity broke the €2 billion barrier for the fourth year in a row. The year 2022 closed out Proparco’s 2020-2022 strategi...
Published on
Mediterrania Capital Partners, DEG, Proparco and FMO invest €75 million in Laprophan, one of the leading pharm...
Casablanca. Mediterrania Capital Partners, a Private Equity firm focused on growth investments for SMEs and mid-cap companies in North Africa and Sub-Saharan countries, is pleased to announce its acqu...
Published on
Proparco Supports Egypt's Startups with Investment in DisrupTech Ventures
Proparco today announced an investment in an early-stage venture capital fund managed by DisrupTech Ventures, to support development in Egypt's fintech sector and help expand access to financial servi...
Published on
In Kazakhstan, KMF and Proparco join forces to support women and rural entrepreneurs
KMF and Proparco have been cooperating in the field of business development for over three years. Within the framework of the new cooperation agreement, Proparco allocated $30mn to KMF for financing b...
Published on
Proparco supports ACME SA to develop its loan portfolio to Haitian SMEs
Proparco has granted ACME SA an ARIZ TPE portfolio guarantee of 407 million Haitian gourdes (equivalent to 2.65 million euros). This guarantee is part of a long-standing partnership between Proparco a...
Published on
Raxio Data Centres speeds up Africa's digital transition with the support of Proparco
Proparco is pleased to announce the signing of USD 40 million long-term loan to Raxio Data Centres, a pan-African data centre developer and operator. The financing will enable Raxio to progress its...
Published on
In Turkey, OdeaBank joins Proparco’s Trade Finance Guarantee program
Through its Trade Finance Guarantee program, supporting imports, Proparco is accompanying his long-term business partner, OdeaBank AS in developing its activities in Africa. Proparco will be able to i...
Published on
Turkey: FMO and Proparco support sustainable aquaculture with 60 M€ syndicated loan to Kılıç Deniz
FMO and Proparco announced a 60 M€ syndicated loan facility to Turkey’s leading aquaculture player Kılıç Deniz, which grows, produces, and exports sustainably certified fish. Also participating in thi...
Published on
Proparco to support SMEs in Turkey with Akbank, fostering green projects and woman entrepreneurship
Proparco and Akbank have successfully signed a 50 million USD senior loan. Akbank will expand its support to SMEs for green projects (renewable energy and energy efficiency) and woman entrepreneurship...
Published on
A network of central banks and regulators committed to climate action
The financial sector is increasingly mainstreaming climate-related risks into its analyses, in particular through the action of the NGFS, an international network of central banks and regulators. Deta...
Published on
Proparco and Banque Populaire de Mauritanie sign a $15 million trade finance guarantee
The guarantee package granted by Proparco amounts to $15 million. It will enable Banque Populaire de Mauritanie to strengthen its import financing activity in Mauritania and increase its contribution...
Published on
Acting together for greater impact: Proparco's new strategy
In response to the numerous challenges currently confronting the planet – economic and geopolitical crises, climate emergency, growing inequalities – Proparco is adopting Strategy 2023-2027. This five...
Published on
Collaborating to accelerate investment in climate adaptation and resilience
While there is an urgent need to step up action on climate adaptation, the action is not in step with the need. This is especially true of the required financing, particularly from the private sector....
Published on
Annapurna Finance: microfinance helping to empower Indian women
The Indian microfinance institution Annapurna Finance, specialising in social loans, has long been supported by Proparco. It serves a predominantly female population in rural areas where there is a lo...
Published on
In India, Proparco and Svatantra work together to advance women's empowerment
Svatantra Microfin Pvt. Ltd. (Svatantra) - India’s foremost microfinance company, is working with Proparco - the private sector financing subsidiary of Agence Française de Développement Group, a lead...
Published on
Proparco takes a stake in Nuru, which develops urban solar metrogrids in the DRC
Nuru SASU (Nuru), the company behind Democratic Republic of the Congo (DRC)’s first solar PV metrogrid, is on track to build 13.7MWp of isolated solar-hybrid grids by mid-2024 after securing an initia...
Published on
How cities can focus their climate adaptation and resilience actions
More than half of the world’s population lives in cities – and all are at risk from increasing climate change impacts ( floods, storms, extreme temperatures, among others) due to warming at alarming l...
Published on
