In 2025, Proparco signed over €2.5 billion worth of projects, building on the record momentum of 2024

In 2025, Proparco signed nearly 200 projects aligned with its strategic priorities:

•          Protecting the planet: a record €1.3 billion in climate-positive financing, including €144 million for climate adaptation

•          Gender equality, representing 25% of our activity, remains a key focus: €642 million, aligned with the 2X Challenge initiative, of which Proparco is a founding member

•          Agricultural value chains, notably through the FARM program: €148 million

•          Solidarity investments in Africa: €924 million

•          Fragile countries: €300 million

•          The most vulnerable populations across our regions of operation: €270.5 million

Behind these figures lie tangible positive impacts for people and the planet, fully aligned with the Sustainable Development Goals (SDGs), including:

•          Employment: 1.5 million jobs created and maintained directly

•          Climate: 2.85 tonnes of CO₂ emissions avoided

•          Improved access to essential goods and services: 

o          Microcredit: 500,000 beneficiaries, 

o          Education: 2 million beneficiaries, 

o          Electricity: 4 million beneficiaries

Read online: Proparco’s Top 10 Projects of 2025

Supporting sustainable land management to protect natural capital

Mirova, the French asset management company specializing in sustainable investment and a member of Natixis Investment Managers, is developing a strategy focused on sustainable land management in emerging countries.

Its new Mirova Sustainable Land Fund 2 targets sustainable forestry, agroforestry, and regenerative agriculture, with measurable objectives in terms of climate, biodiversity, and social inclusion, particularly women’s empowerment.

This initiative is based on blended finance mobilizing public, private, and philanthropic investors. Proparco invested €15 million alongside international partners and French insurers.

This project is the first to fall within the scope of Proparco’s recently adopted Natural Capital strategy and stands as a model for engagement in sustainable land and ecosystem management.

The project will support 90,000 farmers. Nearly 150,000 hectares will be managed according to sustainable land management principles, and 25 million tonnes of CO₂ will be sequestered.

Mobilizing capital in local financial markets to expand access to affordable housing in West Africa

A long-standing Proparco partner, the CRRH-UEMOA plays a key role in housing finance across West Africa. By mobilizing long-term market resources, it enables banks to offer longer-term mortgage loans on better terms, thereby facilitating home ownership in a context dominated by housing shortages, high prices, and limited access to credit.

In May 2025, CRRH-UEMOA issued its first social bond dedicated to affordable housing. Proparco subscribed €11.4 million, thereby becoming the anchor investor.

This commitment strengthens the credibility of the bond issuance and helps mobilize local private savings in support of a social objective.

Thanks to the project, 1,800 middle-income households will gain access to affordable housing at moderate interest rates, while 9,000 indirect jobs will be created across the region.

Encouraging private investment in emerging markets through the Liquidity Accelerator Fund (LAF)

In 2025, Proparco, via the AFD Group and the European Union, entered into a strategic partnership to deploy the Liquidity Accelerator Fund (LAF) program, implemented in December 2025 alongside Blue Earth Capital (BEC).

At Proparco’s initiative, BEC launched BlueEarth EM Impact Secondaries II, the first secondary fund dedicated to emerging markets. With a target of €200 million, the fund aims to stimulate private investment in higher-risk regions — particularly Africa, Asia, and Latin America — by strengthening liquidity and capital reinvestment.

As anchor investor, Proparco committed more than €31.5 million, split between a senior tranche and a junior tranche. The junior tranche benefits from a European Union guarantee. The project aims to promote a more sustainable and resilient economy by strengthening financial systems.

Blue Earth Capital, owned by the Blue Earth Foundation, is an investment firm offering investors opportunities that combine competitive returns with positive social and environmental impacts.