News
IFC, Proparco and RMB Partner with WIOCC Group to Expand Digital Infrastructure in Africa
A financing package announced today from IFC and Proparco for digital infrastructure provider WIOCC Group will fund WIOCC’s expansion strategy in three African countries, enhancing the continent’s dig...
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Proparco announces its intention to join the EBRD's Trade Finance Programme in support of Ukraine's economic r...
On the occasion of the “Ukraine Recovery Conference” held in Berlin on June 11 and 12, 2024, Proparco announced its intention to join the support programme for Ukraine set up by the European Bank for...
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Express Union Chad expands its microfinance business with support from Proparco
Express Union Tchad, a subsidiary of the Express Union Group, is one of the country's leading microfinance institutions (MFIs), promoting access to financing for women and rural populations. The MFI h...
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Serengeti Energy and Proparco sign a €250,000 agreement to boost climate adaptation in Sub-Saharan Africa
Serengeti Energy, a leading renewable energy company, and Proparco, the French development finance institution, have signed a landmark €250,000 grant agreement to support climate change adaptation for...
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Proparco and KCB Bank sign US$95M Credit Line for Sustainable Projects and Women Support
Proparco and KCB Bank Kenya have entered into a strategic partnership to finance climate-related investment projects and empower women entrepreneurs in Kenya.
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IFC, British International Investment, and Proparco Partner to Support Sonatel's Telecoms Expansion in Senegal
To accelerate Senegal's digital transformation, IFC and partners British International Investment (BII) and Proparco today announced a financing package for Sonatel to improve essential telecommunicat...
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Proparco and FISEA+ support Amethis MENA Fund II to improve environmental and social risks management
Proparco, through FISEA+, is allocating a €400 000 Technical Assistance (TA) facility to Amethis MENA Fund II. Among other objectives, the projects implemented directly through the TA facility will st...
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Proparco mobilizes USD 10 million for food security in Africa by supporting One Acre Fund
A partnership to support sustainable food systems and smallholder farmers in nine African countries as part of the French-led international initiative FARM - Food and Agriculture Resilience Mission
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QMC Telecom International secures $115 million in two credit facilities
QMC Telecom International Holdings LLC ("QMC" or the “Company”), Latin America’s leading digital wireless infrastructure growth platform, today announced the successful closing of two credit facilitie...
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Proparco and FISEA+ are supporting Maris, in implementing innovative and sustainable practices within its comp...
Proparco, through FISEA+, is allocating a 490 000€ Technical Assistance (TA) facility to Agris Africa Limited and its affiliated agri-food enterprises in Kenya and South Sudan. The purpose of this TA...
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In Uzbekistan, Ipak Yuli is committed to the SMEs, with the support of Proparco
Proparco provides Ipak Yuli with a senior debt up to USD 30 million to support its MSME financing strategy, particularly in disadvantaged regions, and increase women’s access to the financial products...
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Finafrica, a Groupe Duval subsidiary and Pan-African microfinance and insurance player, opens up its equity to...
Finafrica, a leading Pan-African provider of microfinance and insurance services and a subsidiary of Groupe Duval, announces a significant milestone in its growth journey with the entry of Proparco as...
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Galata Wind receives USD 25 million green loan from Proparco
Galata Wind, which invests in renewable energy, has signed, at the occasion of Françoise Lombard’s (CEO of Proparco) first visit in Turkey, a new loan agreement of USD 25 million with Proparco.
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Banco Ademi, Proparco and the European Union support the financial inclusion of Dominican entrepreneurs
Banco Ademi, strengthens its partnership with Proparco by granting two ARIZ and EURIZ portfolio guarantees equivalent in DOP to 10 million euros in Dominican pesos, and a technical assistance to the l...
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Proparco and NCBA Group join forces to support green financing and women economic empowerment in Kenya
Proparco has signed a USD 50m facility with NCBA Kenya, a leader in the financial services sector. The funding will contribute to NCBA’s “Change The Story” sustainability agenda. NCBA is joining the...
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Baobab Banque Madagascar reduces inequalities by promoting micro-entrepreneurs, with the support of Proparco
Baobab Banque Madagascar has signed a €2 million portfolio guarantee with Proparco. The agreement enables Baobab Banque Madagascar to share the risks associated with its microfinance business. As a re...
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To strengthen the economic role of women in India, Proparco supports Lighthouse Funds
Proparco invests USD $15 million in private equity in Lighthouse India Fund IV AIF (Fund India), an India’s leading growth-stage private equity firm which applies the 2X Challenge criteria to its port...
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Proparco strengthens its partnership with Société Générale Cameroun to support local SMEs
Proparco has renewed its partnership with Société Générale Cameroun through an ARIZ portfolio guarantee of XAF 13 billion (€20 million) to support Cameroon's SMEs in their efforts to build a sustainab...
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Advans Cameroun assists SMEs and small farms, with support from Proparco
Proparco, the subsidiary of Agence Française de Développement (AFD) dedicated to the private sector, has granted Advans Cameroun an ARIZ TPE portfolio guarantee of 1.3 billion CFA francs (equivalent t...
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Proparco, DEG and other lenders support women's entrepreneurship in Brazil with Sicredi
Proparco is supporting Sicredi with a $30 million loan dedicated to women-owned micro, small and medium-sized enterprises (MSMEs). This transaction is part of a $125 million syndication led by DEG ($...
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