News
Sri Lanka: Supporting SMEs in rural areas with Hatton National Bank
PROPARCO has just allocated a USD 60m credit line to Hatton National Bank to finance loans for small and medium-sized enterprises in Sri Lanka. At least half of this credit line will be earmarked to f...
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The role of the manufacturing sector in Asian economic development
When studying industrial development dynamics and their impacts on the economy worldwide, the Asian case is an obvious example. Huge investments in the manufacturing sector have brought about rapid st...
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The President of the Republic of Mozambique officially launches the construction works for the Metoro solar po...
A ceremony was held on Friday 23 October 2020 in Metoro, in the north of the country, in the presence of the President of the Republic, Mr. Filipe Nyusi, and the French Ambassador, Mr. David Izzo, to...
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Proparco invests in the Egypt-focused LCP Fund II
Through a US$11 million investment in LCP Fund II, Proparco will help bridge the long-term financing gap for Egyptian mid-cap companies.
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China: Proparco signs two new projects to support women microentrepreneurs in rural areas and finance electri...
PROPARCO has just signed two new loans in China. The first USD 20m loan has been allocated to CD Finance, China’s main microfinance institution in rural areas. It will be exclusively earmarked for acc...
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Proparco and Bpifrance launch Averroès Africa, their new fund of funds to promote the development of the priva...
Bpifrance and Proparco have announced the first closing of Averroès Africa, their fourth private equity fund of funds for Africa. With a target size of EUR 100m, Averroès Africa will invest in African...
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Supply chain diversification due to Covid-19 to benefit Africa?
With its booming population, Africa may have no choice but to rapidly expand its industrial base. Doing so has been given impetus by European companies’ desire to bring their supply chains closer to p...
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PROPARCO is supporting a major player in the agriculture sector in Zimbabwe and Zambia
Agriculture is a key sector for social and human development in Zimbabwe and Zambia. It employs 65% and 75% of the population, respectively, and accounts for 15% and 19% of GDP. The sector is a pillar...
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Proparco supports the development of WIOCC to foster the African digital revolution
Through a US$60 million loan granted to the West Indian Ocean Cable Company (WIOCC), a panafrican telecommunications infrastructure company, Proparco further reaffirms its commitment to innovation and...
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AFD group grants a US$100 million loan to Equity Bank to support Kenyan SMEs
This major operation illustrates Proparco’s firm commitment to the African private sector amid current COVID-19 crisis and economic turmoil, with a particular focus on job-creating SMEs, as part of th...
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Embracing the Challenges of Sustainable Industrial Development : Latest issue of Private Sector & Development
The industrial sector is often said to be essential to economic development, but it is also a source of much controversy (environmental impact, labor law compliance, creation of decent jobs, etc.). Th...
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Short-term impacts of the Covid-19 crisis on the African manufacturing sector
Initial reports and data on the impacts of the Covid-19 crisis between March and June 2020 highlight the relative resilience of African countries when compared to other emerging countries such as Braz...
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With VPBank, Proparco supports green projects and SMEs in Vietnam
Proparco signed a USD 50 million loan to VPBank partially dedicated to climate-friendly initiatives, and commits to financing green and energy efficiency projects, as well as supporting SMEs in the co...
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Solarise Africa lands $10m Series B investment to advance clean energy on the continent
Nairobi, August 31st, 2020 - Energy Access Ventures (EAV) is pleased to announce a follow-on investment in Solarise Africa, a pan-African clean energy and energy efficiency leasing company. The round...
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Proparco partners with Vitas Palestine to support individuals and micro-entrepreneurs
Proparco’s $5 million credit line will help the microfinance institution further support the Palestinian private sector and will contribute to financial inclusion, which remains low in the Palestinian...
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PROPARCO is supporting an agricultural company in Kenya
PROPARCO is supporting Kenya Nut Company with a USD 18.7m loan. This family-run business has diversified its activity and has been operating in the nut sector (macadamia and cashew nuts) in Kenya for...
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In Kazakhstan, PROPARCO is supporting KMF, a microfinance institution very active in rural areas
By allocating KMF a loan in local currency (Kazakh tenge) equivalent to USD 15m, PROPARCO is reiterating its support to a major microfinance player whose clients are mainly rural dwellers.
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Proparco and FMO extend a $50 million loan to BCI in Mozambique
This operation arranged by Proparco will support the bank’s activity towards Mozambican corporates and infrastructure projects, which are core to the country’s development. It illustrates the commitme...
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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 at a glance
With €2.5 billion in commitments and €1.7 billion in signatures, Proparco has continued its strong growth in 2019 in the service of the private sector and sustainable development. A total of 85 new pr...
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