News
Proparco participates in the first close of Ascent Rift Valley Fund II
African private equity fund manager Ascent today announced the first rolling close of its Ascent Rift Valley Fund II (ARVF II) at more than USD 100 million, significantly exceeding its initial target...
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Proparco, EIB and EBRD provide €87.4 million for construction of Total Eren’s solar power plant in Uzbekistan
The government of Uzbekistan’s plans to develop 8 GW of solar and wind capacity by 2030 have received a major boost following the approval of an €87.4 million financing package jointly organised by th...
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Proparco and the NSIA Group support Ivorian MSMEs affected by the covid-19 crisis
On the occasion of the visit of the French Minister of Economy and Finance, Mr. Bruno Le Maire, Proparco and the NSIA Group have signed a new partnership to finance Ivorian companies. The Choose Afric...
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Proparco is helping COFINA structure agricultural sectors in Burkina Faso
Fatoumata Sissoko-Sy, PROPARCO’s Regional Director for West Africa, and Dramane Bazié, Chief Executive Officer of COFINA Burkina Faso, have signed a Technical Assistance project to finance the agricul...
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Burkina Faso : Proparco is stepping up its action to support SMEs in partnership with Société Générale
To mark the launch of the new “Resilience” component of the French Choose Africa initiative in Burkina Faso, Mrs. Fatoumata Sissoko-Sy, PROPARCO’s Regional Director for West Africa, and Mr. Harold Cof...
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INDIA: USD 75m to develop the microfinance activity of IndusInd Bank and support women entrepreneurs in rural ...
Proparco has just signed a USD 75m loan with IndusInd Bank for its Microfinance Division. This financing will allow the bank to increase the number of microcredits allocated to women entrepreneurs in...
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Congolese MSMEs will benefit from the Choose Africa Resilience guarantee granted by Proparco to Société Généra...
During his visit to Brazzaville, Mr Franck RIESTER, Minister Delegate for Foreign Trade and Economic Attractiveness, attached to the Minister for Europe and Foreign Affairs, launched the "Choose Afric...
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Proparco and BICIS commit to Senegalese VSEs and SMEs affected by the crisis
Proparco's Choose Africa Resilience guarantee will cover BICIS' lending of XOF 1,250,000,000 to Senegalese small and medium-sized enterprises.
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Proparco and FMO support Kılıç Deniz, Turkey’s leading aquaculture player, through EUR 80mln syndicated loan
FMO and Proparco announced today the launch of a EUR 80mln syndicated facility to support Kılıç Deniz, Turkey’s leading aquaculture player, which is growing and producing sustainably certified fish. T...
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In Brazil, Proparco is supporting Tereos Group’s investments with climate co-benefits
By allocating a USD 30m loan to Tereos, Proparco is reiterating its support to a longstanding partner, in the construction of biogas production plants, which will allow the company to reduce its CO2 e...
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Proparco and COFINA strengthen their mobilization in favour of Senegalese MSMEs
Through a portfolio guarantee that will cover €1,000,000 (i.e. XOF 656,000,000) of loans granted by COFINA, Proparco is reaffirming its commitment to Senegalese MSMEs affected by the crisis.
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In Paraguay, PROPARCO reaffirms its commitment to Banco Continental
To support Banco Continental in the current crisis, PROPARCO has renewed its partnership by allocating it a new USD 30m credit line to support the development of its green credit portfolio, with clima...
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CLIMATE FINANCE: Proparco invests EUR 50m in the 1st fund for green bonds issued by companies in emerging coun...
This investment in the USD 538m HSBC Real Economy Green Investment Opportunity (“REGIO”) fund makes Proparco one of its three founding investors. REGIO will invest in green bonds issued by private com...
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In Colombia, Proparco is financing the first electric buses in the capital with FDN
Proparco is supporting the transformation of mobility in the Colombian capital by allocating a loan in local currency equivalent to USD 52m. It will finance the replacement of old diesel buses by over...
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New partnership between Proparco and Société Générale Moçambique to support Small and Medium Enterprises
Proparco’s grant of a portfolio guarantee to Société Générale Moçambique will enable the bank to increase its SME financing activity. This high-impact operation confirms Proparco’s as well as Société...
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Proparco and BMCI support Arma with financing for a sanitation and waste management program in Casablanca
To assist the city of Casablanca, Morocco’s economic capital, with the major challenges involved in waste management, BMCI has agreed to provide financing, backed by a Proparco guarantee, to Arma Casa...
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Proparco is committed to supporting the development of mini-hybrid solar networks in the Democratic Republic o...
Through a €1 million investment in the company Nuru, Proparco is helping to improve access to clean and accessible electricity for households and businesses. Proparco thus illustrates the importance g...
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Proparco and Société Générale Senegal strengthen their commitment to Senegalese MSMEs
The partnership signed today involves the granting by Proparco of two portfolio guarantees to Société Générale Senegal for a total of 4.5 million euros (nearly 3 billion FCFA). The risk-sharing scheme...
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Proparco acquires a stake in EDFI Management Company
Proparco recently acquired a 12.5% stake in EDFI management company (EDFI MC), which manages concessional funds on behalf of 15 European Development Finance Institutions (EDFIs), including Proparco. T...
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Proparco and Banco ABC join forces to support green projects in Brazil
By granting a $72.3 million credit line dedicated to climate projects, Proparco is supporting the development of Banco ABC Brasil, a bank committed to diversifying its portfolio towards green and ener...
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