News
Proparco supports d.light's, a global leader in solar energy
Proparco’s equity funding will enable d.light to provide energy access to millions of people living without reliable energy access
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Protecting biodiversity for The Long Run, a holistic approach?
Faced with the current biodiversity and climate crises, privately protected areas, which play a pivotal role in biodiversity conservation, can improve the resilience of the conservation sector. The pr...
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AFD Group and EBRD to strengthen cooperation
Addressing key development challenges in the wake of the coronavirus pandemic, the European Bank for Reconstruction and Development (EBRD) and the Groupe Agence Française de Développement (AFD), throu...
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Choose Africa launches the FISEA+ facility: a new EUR 210m investment capacity for African MSMEs
In 2009, AFD Group set up the FISEA facility with the objective of promoting economic growth and the creation of start-ups and MSMEs on the continent. As the initial investment capacity of EUR 250m ha...
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Save the date: on 8 June, PROPARCO invites you to its digital broadcast “Choose Africa On Air”
The “Choose Africa On Air” digital broadcast on 8 June will bring together economic players, entrepreneurs, experts and financial partners to share their experiences and exchange ideas live. You wi...
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GICAM, Proparco and AFD join forces to draft Central Africa's first code of good governance for companies
The signing of a partnership between GICAM and AFD Group will enable the work undertaken since January 2020 to continue within the framework of the Good Corporate Governance Initiative. The Code of Go...
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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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Diversifying funding for biodiversity conservation
Funding biodiversity conservation is no longer a government-subsidy and grant-giving game only. However, a financing shortfall of USD 598-824 billion per year remains. To fill this void, the private s...
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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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Development finance institutions in DRC to increase their collaboration on the ground
Fifteen Development Finance Institutions (DFIs) operating in the Democratic Republic of Congo (DRC) met and vowed to work closely together to support the country’s private sector.
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International Collaboration of DFIs agree new steps to increase the resilience of economies threatened by the ...
The Group of G7 Development Finance Institutions working together under the DFIs+ Adaptation and Resilience Collaborative has put forward a practical plan to the G7 on actions to accelerate investment...
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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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2020 annual results : €2 billion of commitments, major impacts on development and a mobilization in response t...
This morning, AFD Group presented the figures for its activities in 2020. Despite an exceptional context marked by the Covid-19 pandemic, Proparco, the Group’s private sector financing arm, has topped...
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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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The AAF fund's exit from Feronia marks the end of AFD Group's indirect participation in the company
In November 2020, following a restructuring and sale process, Feronia sold all its shares in Plantations et Huileries du Congo (PHC) to the Straight KKM2 (KKM) fund. Consequently, the AAF fund, who...
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