News
AFD Group and the European Commission collaborate to support public and private investments in Africa
On the occasion of the 7th edition of the EU-Africa Business Forum (EABF) and on the sidelines of the EU-AU Summit, the Chief Executive Officer of Agence Française de Développement, Rémy Rioux, signed...
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With the European Union, Proparco launches CREA Fund, its first initiative to support cultural and creative in...
On the occasion of the French Presidency of the Council of the European Union, which started on January 1st, Proparco announces the signature of the CREA Fund (Creative Enterprise Action Fund) Facilit...
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Aga Khan Hospitals receive grant from Proparco to boost health care access
The Aga Khan hospitals in East Africa have received a EUR 2.3 million grant from Proparco to increase access to health care services by boosting oxygen supply and supporting needy patients with qualit...
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In Djibouti, Proparco and BCIMR support financial inclusion
This operation between AFD Group (Proparco) and Banque pour le Commerce et l’Industrie - Mer Rouge (BCIMR) consists in granting a 1.5 million euro ARIZ TPE guarantee. This operation is part of the "Re...
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Proparco and the EU partner to support Capital Bank of Jordan through an impact premium
Following the partnership inked between Capital Bank, Proparco and its German counterpart DEG, a subsidiary of KfW, to support medium-sized enterprises (SMEs) in Jordan, the bank has received an impac...
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IN CAMEROON, PROPARCO AND AFRILAND FIRST BANK SIGN A 15 MILLION EURO TRADE FINANCE OPERATIONS GUARANTEE
Proparco grants a €15 million Trade Finance guarantee to Afriland First Bank. This first partnership between the two institutions will support the financing of imports in Cameroon.
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Proparco and AB Bank Zambia sign landmark partnership to support Zambian MSMEs
The partnership, part of Proparco’s Choose Africa and ARIZ initiatives, consists of two portfolio loan guarantees totalling 2 million Euros. The guarantees will further boost AB Bank’s financing offer...
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Proparco supports UNIFIN’s commitment to SMEs and Climate Change Mitigation projects
Through a US$65 million senior loan, Proparco will help UNIFIN further support projects in clean energy, energy efficiency, sustainable agriculture, and financial inclusion in Mexico.
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Proparco and TBC join forces to support SMEs in Georgia
The operation consists in a $50 million credit facility to JSC TBC Bank ("TBC"), Georgia's leading bank, which will be dedicated to financing SMEs in the country.
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Bank of Palestine, Cairo-Amman Bank, Proparco and the EU launch the second phase of the SUNREF green finance p...
Within the context of the 3rd meeting of the EU-Palestine Investment Platform, Proparco, an AFD Group subsidiary, signed a 60 million euro financing package with Cairo Amman Bank (CAB), Bank of Palest...
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Proparco supports GreenYellow’s commitment to renewable energy production in South-East Asia
Through a $25 million investment, Proparco will contribute to the development of small scale, decentralized solar plants for commercial and industrial clients in Thailand, Cambodia and Vietnam.
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In Turkey, Proparco continues supporting AKlease in its green leasing projects
A new loan agreement in the amount of USD 35 million has been successfully signed between Proparco and AKLease. This is the only loan facility Proparco has extended to the Turkish financial sector in...
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Proparco strengthens its partnership with Société Générale to support Chadian SMEs
Within the framework of the Choose Africa Resilience initiative, Proparco and Société Générale Chad have signed two guarantees to support micro, small and medium enterprises.
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Proparco and Absa join forces to support SMEs impacted by the Covid-19 crisis
Proparco is collaborating with South Africa's third largest bank by assets, Absa Bank Limited, by granting it a senior loan of $20 million to contribute to its support plan for Corporate SMEs in the c...
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FinDev Canada, US DFC, Proparco and AXA XL partner with MFX Currency Risk Solutions to facilitate impact inves...
FinDev Canada, US DFC, Proparco and AXA XL announced they are providing an innovative financing solution to MFX Currency Risk Solutions (MFX) to enhance its liquidity and help position it for its next...
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In Brazil, Proparco and DEG grant a $40 million loan to Banco Industrial do Brasil to support SMEs
The transaction consists of a USD 40 m senior loan Facility arranged by DEG, with USD 20 m provided by Proparco, to the Brazilian bank Banco Industrial do Brasil (BIB). The funds will support BIB’s le...
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Proparco and Armeconombank join forces to support SMEs and finance green projects in Armenia
Proparco and Armeconombank have signed a $10 million loan to finance SMEs and green projects in the country.
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Proparco and IFC Invest in Bedding Maker Dolidol, Supporting Job Creation in Morocco and Nigeria
A financing package from IFC and Proparco will help Dolidol, a Moroccan manufacturer and distributor of polyurethane (PU) foam and bedding products, expand its production and sales to Nigeria, and gre...
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Proparco and SIPEM Banque strengthen their partnership in favor of Malagasy MSMEs
After the granting of a portfolio guarantee in May 2019, Proparco renews its support to SIPEM BANQUE MADAGASCAR with a guarantee of 9.2 billion ariary (2 million euros). Set up thanks to the resources...
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Proparco and BNI, Madagascar's leading bank, join forces to support the growth and development strategy of the...
Proparco will sign a 10 million euro loan with BNI MADAGASCAR in the coming days to strengthen the bank's equity and support its sustainable growth strategy in Madagascar.
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