News
Proparco Completes Pre-Series-A Investment in Moringa Fueling its Expansion across Africa
This investment will aid Moringa to prepare for Series A funding in 2023. Apart from International expansion outside Kenya, the funding from Proparco will also facilitate the broadening of the range o...
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Proparco and Vista Gui sign a USD 10 million trade finance guarantee in Guinea
The project consists in the granting of a USD 10 million envelope to guarantee trade finance instruments issued by Vista Gui, a subsidiary of the Vista banking group, the country's largest bank in ter...
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Credo Bank Attracted EUR 16.5 million from Proparco to Support MSMEs in Georgia
The five-year investment facility aims to provide post pandemic support to micro, small and medium sized enterprises in Georgia, as well as building further resilience to cope with regional uncertaint...
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The European Union and France are supporting the development of responsible financial inclusion in Madagascar,...
On the occasion of the French Presidency of the Council of the European Union, which began on January 1 and ends on June 30, 2022, Proparco and the European Union (EU) are continuing their partnership...
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Tunisian edtech startup GOMYCODE raises $8M Series A, fueling expansion across Africa and the Middle East
Africinvest and Proparco lead round with the participation of Wamda Capital as startup democratizes tech education across Africa and Middle East
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Proparco increases its support to Ivorian MSMEs
On the occasion of the first visit to Côte d'Ivoire of Proparco's new CEO Françoise Lombard, Proparco granted 6 portfolio guarantees to Société Générale Côte d'Ivoire, Ecobank Côte d'Ivoire and Advans...
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Proparco invests $12m in Africa frontier-market investor Maris, under the FISEA+ initiative
Proparco, through AFD Group’s FISEA+ initiative, has just closed a $12m equity round with Maris Limited, an impact investor with expertise in frontier markets in East and Southern Africa.
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Proparco makes $25M investment into small-scale renewable energy capacity buildout in sub-Saharan Africa
French Development Finance Institution Proparco invests 25 MUSD in Serengeti Energy, a Sub-Saharan hydro and solar-specialized independent power producer which develops, constructs, owns and operates...
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Proparco makes a proposed equity investment of USD 10M in MUA
Proparco is set to make an equity investment of USD 10M, becoming MUA’s largest international institutional shareholder. This investment is a strong vote of confidence in MUA’s regional growth ambitio...
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Proparco invests via FISEA+ in the new European solidarity financing fund for Africa, FEFISOL II
Launch of the new European solidarity financing fund for Africa, FEFISOL II, with a first closing of 22.5 million euros and a technical support envelope of 1 million euros. Following the success of...
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Proparco invests USD 25M in GEF Latam Climate Solutions Fund III
Proparco has committed USD 25 million in a first closing of USD 96 million alongside the EIB and private investors. This is Proparco's second investment with GEF, a global asset manager, specialized i...
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Proparco marks its first operation ever in Moldova with a €8 million loan to Microinvest
The partnership, signed during AFD Group CEO Rémy Rioux’s first visit in Moldova, demonstrates the Group’s commitment to supporting Moldova and its private sector, which faces major challenges due to...
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Proparco supports BRAC International Microfinance’s capital markets programme
The international arm of one of the world’s largest development organisations, BRAC, has launched a capital markets debt programme that will secure financing for its microfinance operations for the co...
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Proparco supports CRDB Bank's commitment towards MSMEs in Tanzania
Through a credit line and portfolio guarantees amounting to a TZS182 billion commitment, Proparco will help boost CRDB Bank’s capacity to support micro, small and medium-sized enterprises (MSMEs) in T...
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Proparco invests in the AGF to finance women entrepreneurs' SMEs in Africa
Proparco's $10 million investment in the African Guarantee Fund will contribute to the growth of this pan-African fund and support the AFAWA initiative launched to increase access to finance for women...
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Proparco, IFC, Bopa Moruo, and RMB Ventures Partner to Boost Access to Affordable Student Housing in South Af...
To increase the supply of safe, affordable, quality student housing in South Africa, particularly for students from low-income households, Proparco today announced a partnership with IFC, the private...
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Proparco grants $12M to Goodlife Pharmacies to strengthen its commitment to the Healthcare sector across East ...
Proparco makes significant investment in the leading East African pharmacy chain and digital health platform to ensure access to quality medicines and healthcare services for 1.7 Million East Africans...
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AFD Group and the European Commission collaborate to support public and private investments in Africa
On the occasion of the 7th edition of the EU-Africa Business Forum (EABF) and on the sidelines of the EU-AU Summit, the Chief Executive Officer of Agence Française de Développement, Rémy Rioux, signed...
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With the European Union, Proparco launches CREA Fund, its first initiative to support cultural and creative in...
On the occasion of the French Presidency of the Council of the European Union, which started on January 1st, Proparco announces the signature of the CREA Fund (Creative Enterprise Action Fund) Facilit...
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Aga Khan Hospitals receive grant from Proparco to boost health care access
The Aga Khan hospitals in East Africa have received a EUR 2.3 million grant from Proparco to increase access to health care services by boosting oxygen supply and supporting needy patients with qualit...
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