News
New partnership between AFD Group and Société Générale to support MSMEs in Africa affected by the crisis
To meet the needs of MSMEs affected by the crisis on the African continent, Proparco has set up an exceptional guarantee to cover part of the financing that financial institutions can grant them. Soci...
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Proparco provides Evex Hospitals with a grant to support its operations against covid19
This grant will finance exceptional protective equipment costs caused by the pandemic. It recognizes the key role the private sector is currently playing to overcome the health and economic crisis and...
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Nigeria: PROPARCO has allocated a guarantee to UBA to support SMEs
Proparco has just allocated a portfolio guarantee to United Bank for Africa (UBA) to facilitate access to loans for Nigerian SMEs. Proparco’s operation will specifically contribute to financing SMEs i...
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Proparco and ACBA Bank cooperate to support SMEs and the agricultural sector in Armenia
Proparco granted a $20 million credit line to ACBA Bank to help the bank further support SMEs and businesses in the agricultural sector, which play a key role in job creation and access to essential g...
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Enhancing the export competitiveness of the textile and clothing sector in developing countries
Over the years, assembling clothing has become a commodity. However, mere cut and sew operations are no longer a sustainable offering. To achieve the employment targets envisaged by governments, compa...
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In Cameroon, MPMEs will be eligible to benefit from AFD Group's new guaranteed loans offer
Cameroun is one of the first countries to benefit from loans guaranteed at 80% by AFD Group, made possible thanks to the resources specifically allocated by the French State in favor of MSMEs affected...
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Daystar Power secures $38 million Series B investment led by IFU
The investment will allow West Africa’s fastest growing C&I solar provider to accelerate its regional expansion.
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Proparco invests in Mekong Capital’s new fund dedicated to SMEs and mid-size companies in Vietnam
Proparco signed a US$15 million investment in Mekong Enterprise Fund IV to support the growth of the dynamic private sector in Vietnam.
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Textile industry: Towards a new economic model to stamp out human rights violations in the workplace
The textile industry employs millions of people in developing countries. Yet its economic model (pressure on costs and lead times, large volumes, frequent renewal of collections, low prices) leads to...
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Bigot Flowers Kenya : Limiting the social and health impacts of COVID-19
Bigot Flowers Kenya, a horticultural farm in Naivasha and the French subsidiary of Bigot Flowers Group, is a 2-hour drive from Nairobi and has some 1,100 locally employed staff. The company has been h...
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AFD Group provides a stronger response to Senegale's MSMEs affected by the crisis in partnership with Société ...
Senegal is one of the first countries to benefit from loans guaranteed at 80% by AFD Group, made possible thanks to the resources specifically allocated by the French State in favor of MSMEs affected...
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Proparco and Sathapana Bank partner to support entrepreneurship in Cambodia
Proparco granted a $50 million credit line to Sathapana Bank in order to support SME financing and women entrepreneurship in the country.
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In Peru, PROPARCO is supporting BanBif, an historic partner, during the health and economic crises
During the health and economic crises which have seriously affected Peru, PROPARCO is renewing its support to BanBif via a USD 50m loan to support its financing activities to SMEs
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AFD Group provides a stronger response to Madagascar's MSMEs affected by the crisis in partnership with Sociét...
Madagascar is the first country to benefit from loans guaranteed at 80% by AFD Group, made possible thanks to the resources specifically allocated by the French State in favor of MSMEs in Africa. The...
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Proparco supports BTG Pactual in fighting climate change
During this period of health and economic crisis, when foreign investment tends to recede from emerging markets, the AFD Group, via this climate loan, affirms its support to sustainable development in...
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Proparco and BANFONDESA support the activity of MSMEs in the Dominican Republic
By granting an EURIZ guarantee to BANFONDESA, Proparco will enable this financial institution to develop its activity with micro, small and medium-sized enterprises (MSMEs) in the country. This operat...
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Dolidol: a showcase for “Made in Morocco”
The CEO of Dolidol tells us about how attached Moroccans are to a traditional product, the Moroccan lounge (comprising L-shaped or U-shaped sprung sofas), and to a local brand, especially in these tim...
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AFD Group reiterates its support for microfinance by renewing a €10M guarantee to the Foundation
Paris, December 13, 2020 - A guarantee of € 10 million has just been granted by the Agence Française de Développement (AFD) Group, represented by its subsidiary Proparco, to the Grameen Crédit Agricol...
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Is industry compatible with climate?
The industrial sector is a major consumer of fossil fuels and the biggest emitter of greenhouse gases (GHG), however there are not as many energy efficiency projects – the key to cutting GHG – as ther...
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Proparco and BICIS strengthen their partnership to support Senegalese MSMEs
The portfolio guarantee granted by Proparco, which will be of a maximum amount of 3.5 million Euros (2 300 000 000 XOF), will enable BICIS to further strengthen its support to the economic development...
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