News
Proparco makes first VC fund investment in India with Omnivore
Proparco, a subsidiary of Agence Française de Développement (AFD) Group, has invested USD 5 million in Omnivore’s third fund, the Omnivore Agritech & Climate Sustainability Fund. Omnivore supports vis...
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In Central America, Proparco supports micro-entrepreneurs and rural communities together with Fundación Génesi...
Proparco and Fundación Génesis Empresarial, the leading microfinance institution in Guatemala, are announcing their first partnership. Through a loan of USD 20 million in local currency, Proparco aims...
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IFC, Proparco, DEG, and DFC Support Aspen to Strengthen Africa’s Pharmaceutical Sector
To support the production and distribution of life-saving medicines and vaccines in Africa, IFC; Proparco; the German Development Finance Institution (DEG); and the U.S. International Development Fina...
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Proparco and Linzor support decent work and the reduction of gender inequalities in Latin America
By committing USD 15 million in the Linzor IV fund, Proparco is promoting impact investing in Latin America, particularly in Mexico, Colombia and Peru.
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In Pakistan, Karandaaz strengthen the financing for women led and climate focuses MSME’s, with the support of ...
Proparco grants a €1 million ARIZ TPE portfolio guarantee to Karandaaz, a non-profit organization based in Pakistan. This guarantee will enhance access to financing for micro, small, and medium enterp...
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Proparco, IFC and Sanad sign a USD 65 million Loan with Bank of Palestine in Support of SME Businesses
Proparco provides Bank of Palestine with a senior debt up to USD 20 million, as part of a $65 million financing agreement with a consortium comprising the International Finance Corporation (IFC), and...
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Rubyx rolls out its ‘lending as a service’ for African microfinance institutions and startups, with the suppor...
Proparco has just granted a €400k loan to Rubyx through the Bridge by Digital Africa facility. This will enable the African start-up to roll out more rapidly its new algorithmic loan offering for star...
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ACEP Senegal contributes to Senegal's food sovereignty with an agricultural microfinance solution
Proparco has just granted a senior credit line of XOF 6.5 billion (equivalent to €10 million) to ACEP Senegal. It will be used to stimulate growth in the microfinance institution's lending to micro-fa...
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Scatec and Toyota Tsusho – Aeolus join forces for Tunisia solar projects, with support from Proparco and EBRD
Scatec and Toyota Tsusho – Aeolus join forces for Tunisia solar projects, Scatec ASA, a leading renewable energy provider, and Aeolus SAS, part of the Japanese conglomerate Toyota Tsusho Group, hav...
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Proparco announces €20 million investment in Amethis Fund III to support job growth in Africa
Proparco and Amethis continue their long-standing collaboration in support of the African private sector. This new investment by Proparco in the Amethis Fund III ("AF III") aims to support African med...
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The Mauritius Commercial Bank Limited (MCB) participate in Proparco Trade Finance Program, as a confirming ban...
The Mauritius Commercial Bank Limited (MCB) joins the Trade Finance program of Proparco as a confirming bank (primary beneficiary of guarantees issued by Proparco). The program will assist MCB to incr...
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IFC, Proparco and Helios plan partnership to support Africa’s sports and entertainment sectors
For the first time, Proparco and IFC – the respective private sector arm of the AFD Group and the World Bank Group – are joining forces together with Helios Sports and Entertainement Group to increase...
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RE&UP, SANKO’s circular-tech venture, secures financing from Proparco, to scale its textile recycling capacity
Proparco has granted RE&UP Recycling Technologies, a circular-tech textile recycling venture of SANKO Group, a senior loan that will enable RE&UP to scale its next-gen recycle fiber production and tex...
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Proparco supports the financial inclusion of entrepreneurs with Vitas Lebanon
Proparco is reiterating its support for Vitas Liban, following an initial operation in December 2020. This new partnership, in the form of a €2 million ARIZ TPE MINKA portfolio guarantee, aims to cove...
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Mobilitas continues to grow and diversify in Africa, with renewed support from Proparco
Mobilitas, a major player in international mobility, physical and digital records management, and heritage conservation, restoration and digitization, has been a partner of Proparco for 10 years, and...
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Digital inclusion: Orange Jordan improves access to broadband Internet and digital skills, with the support of...
With the aim of developing digital inclusion in Jordan, Proparco is allocating a 15MUSD loan to Jordan Telecommunications Company (“JTC”), a subsidiary of Orange Middle East Africa, focusing primarily...
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Afriland First Bank developps its Trade Finance activities with the support of Proparco
In 2022, a guarantee (trade finance) line was granted to Afriland First Bank Cameroun for a total amount of EUR 15 million. Following two years of partnership, Proparco is renewing this line, increasi...
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In Uzbekistan, Proparco finances a solar PV plant and the largest Battery Energy Storage System of the country
Proparco, alongside EBRD, KfW, DEG, IsDB and Standard Chartered Bank, participates in the financing of the Tashkent project, a 200MW solar plant and a large-scale 500MWh Battery Energy Storage (BESS),...
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Amref International University Secures USD 5 Million from Proparco to Advance Health Workforce Training in Afr...
Amref International University (AMIU), a subsidiary of Amref Health Africa, has entered into a landmark partnership with Proparco, the French development finance institution, securing a USD 5 Million...
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AVMA: Aspen and the DFIs reaffirm their partnership and their support to vaccine production in Africa
At a time when the global health community is gathered in Paris for the launch of the African Vaccine Manufacturing Accelerator (“AVMA”), which is expected to support and increase African vaccine prod...
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