News
By renewing its partnership with İş Bank, Proparco supports the agricultural sector in Turkey
Proparco has granted a new 25 million euro credit line to Türkiye İş Bankası (İş Bank). Turkey's leading private bank, with a balance sheet total of more than 69 billion euros, İş Bank is a historical...
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Proparco, Finnfund and Nordic Microfinance Initiative support Proximity Finance in Myanmar
The $14 million investment will enable the microfinance institution to reach more smallholder farmers in Myanmar.
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IFC, IFU and PROPARCO Provide More Than $100 Million in Equity to Improve Healthcare in Egypt and Morocco
IFC, a member of the World Bank Group, IFU, the Danish Investment Fund for Developing countries, and PROPARCO, member of the Agence Française de Développement (AFD) group, are providing an equity fina...
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Proparco takes a 30 M USD stake in pan-African fund AfricInvest IV, dedicated to African SMEs
Through a 30 million USD investment in the first close of AfricInvest’s new multisector private equity fund, Proparco will support the development of strong local and regional consumer-driven business...
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Proparco provides a US$20 million finance facility to T&C Garments
The loan granted to one of Egypt’s top apparel company will support thousands of jobs over the coming years. It will also accelerate the company’s efforts towards better production processes through e...
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PROPARCO and Société Générale Cameroun are supporting the development of the first certified green mall in Ce...
Like many cities in Sub-Saharan Africa, Douala, the economic capital of Cameroon (4 million inhabitants), is experiencing rapid population growth, especially among the middle class, and a strong urban...
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Armenia: Farm Credit Armenia and PROPARCO are supporting armenian farmers
AFD Group is supporting the development of FCA, the only credit cooperative in Armenia, via a subordinated loan in Armenian dram for an amount equivalent to EUR 1.5m with a 6-year maturity. FCA is the...
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In Myanmar, Proparco supports the women-focused microfinance institution, DAWN
By granting Early Dawn Microfinance Company Ltd. (DAWN) a loan in local currency amounting to USD 4 million, Proparco is supporting a microfinance institution with an almost exclusively female cliente...
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Proparco and Ethos Mezzanine Partners invest in Ethiopian FMCG platform
This operation is Proparco's first mezzanine transaction in Ethiopia and will support job creation, the development of local agribusiness, import substitution and economic growth in the country.
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Proparco supports the development of a healthcare player in the Middle East
Proparco's $20 million investment will support one of the regional leaders in private medical imaging and will improve patients' access to affordable services in Egypt, Saudi Arabia and Jordan.
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Proparco is renewing its support to Ivorian and Senegalese microenterprises and SMEs via a loan to COFINA Grou...
Proparco and Cofina, have signed a loan agreement that will facilitate access to credit for microenterprises and small and medium-sized enterprises (SMEs) and help them play their key role in the econ...
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Proparco and Societe Generale Ghana facilitate access to finance for MSMEs
Proparco, AFD Group's private sector arm, and Societe Generale Ghana have just signed an ARIZ portfolio guarantee which will facilitate Micro, Small And Medium-Sized Enterprises (MSMEs) access to cred...
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Proparco invests 20MUSD in SPE AIF I fund, to support SMEs in North Africa
Through a USD 20 million equity investment in the SPE AIF I investment fund, Proparco supports SMEs undergoing periods of strong growth or transition, in the industrial, health and education sectors i...
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Proparco and SPE AIF I acquire Saham Pharma in Morocco
Through this acquisition, Proparco and the private equity fund SPE AIF I will support the development of Morocco's leading antibiotics manufacturer. This operation illustrates Proparco's strong commit...
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Proparco signs its first operation in Botswana
Proparco, the French Development Agency’s private sector financing arm, has concluded a US$10 million Tier II long-term debt financing with African Banking Corporation Botswana (“BancABC Botswana”) to...
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Proparco and ACEP Niger support entrepreneurs in Niger
The CFAF 1.5 billion loan granted by AFD Group to Niger's second largest microfinance institution will support a clientele made up of small entrepreneurs, mainly in the retail sector.
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Proparco and First City Monument Bank work together to support MSMEs in Nigeria
Proparco and First City Monument Bank (FCMB) signed a NGN 2 billion risk-sharing facility agreement, which will cover up to NGN 4 billion worth of loans granted by FCMB to Nigerian micro, small and me...
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In the DRC, PROPARCO is supporting Advans, a financial institution for micro-entrepreneurs
Despite its exceptional mining resources, DRC is a Low-Income Country. The Congolese private sector is nevertheless resistant and continues to invest, with private companies playing a major role in th...
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Proparco supports the development of the Mission laïque française
By granting 65 million euros to the Mission laïque française, historic operator of French education abroad, for projects in Morocco, Côte d'Ivoire, Lebanon, Egypt and Ethiopia, Proparco supports the d...
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Proparco signs a new partnership agreement with Bank of Palestine to support the Palestinian SMEs
Proparco and the Bank of Palestine strengthen their strategic partnership through signing a USD 5 million risk-sharing facility agreement which will cover up to USD 10 million worth of loans granted b...
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