News
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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Development finance institutions: how to operate in fragile countries?
Development finance institutions (DFIs) are increasingly called to invest in fragile countries, facing a diversity of challenges linked to security, economic and environmental issues. The private sect...
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The transformative role of the private sector in forced displacement
The world is currently facing a forced displacement crisis. Forced displacement has shifted in scale, and its increasingly protracted nature calls for development approaches that extend beyond the pre...
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"Acting in fragile contexts": the 41st issue of Private Sector & Development magazine is available
Proparco is publishing the 41st edition of its Private Sector & Development magazine, devoted to fragile contexts. If no action is taken, fragile countries will account for 80% of the world’s poverty...
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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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2023: Proparco’s new strategy, Year 1
2023 was marked by the launch of Proparco's 2023-2027 strategy, "Acting together for greater impact". Our two new publications – "The Essential" and "Top 10 projects in 2023" – illustrate the diversit...
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In 2023, Proparco committed nearly €2.7 billion in financing, 40% of which included climate co-benefits
Proparco, AFD Group's private sector arm, has announced a record level of activity with almost €2.7 billion committed to finance over 200 projects in the regions in which it operates. Africa, Climate...
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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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Tackling the dual challenge of urbanisation: support from the private sector
All twenty-first century cities have to both meet the essential needs of their populations and adapt to the effects of climate change. In emerging countries, this dual challenge is being exacerbated b...
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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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Gravita: eco-responsible lead battery recycler in India
Founded in 1992, the Indian group Gravita handles some 240,000 tonnes of lead-acid batteries every year, in compliance with strict environmental and safety standards. This leading industrial player ha...
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Project preparation funds: an effective solution for unlocking investment in sustainable infrastructure in Afr...
Financing of essential local services and sustainable infrastructure in African cities is not sufficient to meet current demand. Project preparation funds can provide both preliminary technical assist...
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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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