News
Digital Africa Fund: Customized support for African start-ups and their ecosystem
Six months after its launch, the Digital Africa seed fund for the development of innovative entrepreneurship in Africa has got off to a promising start. A third of the envelope has already been invest...
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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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Reducing gender inequality: approach by a bank
Gender inequalities in Panama are still prevalent and women’s participation in the country’s economy is still low. Despite government intervention to address these inequalities, private sector involve...
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2X Challenge exceeds initial target by committing and mobilizing $4.5 billion in capital towards women’s econo...
Montreal, June 30th, 2020 - Just two years after the launch of the 2X Challenge at the G7 Charlevoix Summit in Canada, the initiative has committed and mobilized a total $4.5 billion in gender-smart i...
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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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What the 2X Challenge is teaching us about gender lens investing
Almost two years after its launch, we look back at the 2X Challenge initiative, which aims to increase capital flows towards private sector initiatives that benefit women.
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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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Covid-19 - Supporting African SMEs: A priority development issue
During this critical period, a number of financial players – PROPARCO’s partners – are taking action to support African SMEs, which are (already) facing major cashflow problems.
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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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Women’s investment: financial instruments promoting inclusive economic development
Despite having one of the highest levels of women entrepreneurs in the world, the economic potential of women in Africa remains undervalued. This is in particular due to a range of financing that does...
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“3 questions to” Agnès Huang, investment officer for the Accion venture lab (AVL) project
In 2019, PROPARCO invested in the seed fund Accion Venture Lab (AVL), which is considered as one of the top fintech specialists in Africa, Asia and Latin America. This operation will support the creat...
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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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“3 questions to” Thomas Bonnisseau, ESG expert for the Altiplano 200 project in Argentina
In 2019, PROPARCO allocated a USD 50m loan to the French company NEOEN for the implementation of the Altiplano 200 photovoltaic project, located at an altitude of 4,000 meters in Argentina. For this o...
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Gender and climate: levers for sustainable development
Women are first in line when it comes to tackling climate change. Whether they are involved in producing and managing resources or in climate negotiations, women are fully-fledged stakeholders in the...
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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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covid-19 - Microfinance institutions on the front line
While the coronavirus pandemic is especially weakening economies in developing countries, microfinance players are taking action to support the activities of their most vulnerable clients.
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Sustainable tourism in Africa : the committed approach of tourism promotion services - TPS Serena Hotels
East Africa’s TPS Serena Hotels Group, which has 23 properties (hotels, resorts, safari lodges and camps) in East Africa, is committed to an ambitious environmental, economic and social approach.
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Empowering women through financial inclusion: the case of Tunisia
Cultural and social constraints on women are still very much alive in Tunisia and continue to check their considerable economic potential. Enda understood this from the outset in 1995 and it provides...
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