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Financing adaptation: the private sector’s role
The climate crisis has become increasingly evident in the last five years. Its alarming effects are also becoming more apparent. Thus, it has become clear that the actions taken to adapt to global cli...
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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...
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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...
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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...
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Building inclusive, green and resilient economies
Recovery from the Covid-19 pandemic has provided countries with a unique opportunity to 'build back better'. Leveraging this opportunity will entail ensuring that stimulus and policy packages are both...
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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...
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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...
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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...
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Responding to pandemics: development funders light the way
Three key figures in development finance institutions working with the healthcare sectors of developing countries provide their insights gleaned at the coalface of pandemic responses. The funding and...
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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...
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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...
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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,...
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How digital innovation supports development and can aid the Covid-19 recovery
During the Covid-19 pandemic, many day-to-day activities – meetings, working, shopping- were made possible because they moved online. This highlighted the critical role of digital infrastructure in su...
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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...
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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...
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Scaling up blended finance to build back better
Reaching the Sustainable Development Goals (SDGs) has been delayed by Covid-19, leading to a rise in poverty and inequality. Additional effort is needed to adapt to climate change: funding will be req...
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Development finance institutions: major players in Africa’s post-Covid recovery
For the past two years, Proparco and its European counterparts have been on the front line in tackling the economic crisis caused by the Covid-19 pandemic. Through record financial commitments and a w...
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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...
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Beyond recovery: toward innovative, inclusive private sector financing
Despite the extensive use of development finance institutions (DFIs) in recent years, the Covid-19 pandemic has shed a harsh light on the persistence of gender inequalities, particularly in terms of a...
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