News
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...
Published on
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...
Published on
FEFISOL II fund and Entrepreneurs du Monde: two complementary approaches in fragile contexts
The FEFISOL II fund - which supports rural microfinance institutions and agricultural structures - and the Entrepreneurs du Monde association - which works towards the social and economic integration...
Published on
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...
Published on
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...
Published on
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...
Published on
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...
Published on
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...
Published on
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...
Published on
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...
Published on
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...
Published on
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...
Published on
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),...
Published on
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...
Published on
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...
Published on
Supporting the agricultural sector in fragile contexts
The financing needs of the agriculture sector in fragile situations are all the more significant as they are poorly covered by commercial banking services. However this finances are essential to suppo...
Published on
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...
Published on
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...
Published on
The challenge of energy supply and energy bills in fragile countries: the example of Nigeria
Fragile countries like Nigeria have to contend with a high level of energy insecurity - a result of their many social, economic, security and health challenges. Energy supply solutions are limited for...
Published on
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...
Published on
