News
Proparco supports the development of Leading Star, a responsible actor in Vietnam's garment industry commited ...
Through a $12 million loan, Proparco will support the growth of a job-creating company committed to the well-being of its employees, women empowerment as well as the sustainable use of resources.
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Proparco and FMO support Tiryaki Agro, Turkey's leading agribusiness
FMO and Proparco announced today a USD 82.5 mln syndicated facility to support FMO’s long-standing customer Tiryaki Agro, one of Turkey’s leading agricultural commodity traders and supply chain manage...
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EUR 50 million signed with ProCredit Bank for small and medium-sized enterprises and green projects in Serbia
Proparco has signed a new credit facility (EUR 50 million) with ProCredit Bank. This project will secure funding for the SME sector and green projects. For Proparco, this credit facility is its first...
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Proparco and IFC to finance Kasada's first acquisition to support the hospitality sector in sub-saharan Africa
Kasada has secured a strategic partnership with the International Finance Corporation (IFC) to create a large hotel portfolio in Sub-Saharan Africa through a US$160 million debt facility, of which a U...
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Proparco invests in ARAF, the first-of-its-kind equity fund to drive climate adaptation for smallholder farmer...
Proparco - through FISEA+, the AFD Group fund advised by Proparco – signed a USD 5 million investment in Acumen Resilient Agriculture Fund (ARAF). The fund invests in agri-startups in East and West Af...
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Proparco supports Komida's mission to provide micro-loans to low income women in Indonesia
Proparco’s €7 million loan will support the microfinance institution’s growth and is expected to benefit more than 130,000 women.
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Proparco partners with impact manager INCOFIN IM to invest in the rural Indian economy
Proparco and Incofin IM announce the successful first closing of the Incofin India Progress Fund (IPF) with over EUR 50 million of commitments. The fund will make private equity investments in the Ind...
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Proparco becomes the shareholder of Credo Bank
Proparco and Credo Bank signed an equity investment agreement based on which Proparco has become a new shareholder of the bank. The investment supports the acquisition of Finca Bank Georgia by Credo a...
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Proparco and Ecobank increase support for MSMEs in Ghana
Proparco and Ecobank Ghana, an affiliate of the Pan-African Banking Group, Ecobank Transnational Incorporated (ETI), have today signed a partnership agreement aimed at increasing access to finance for...
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Metier-led consortium invests US$36 million into AMN to expand coverage in remote rural Africa
A consortium led by Metier, an independent African private equity fund manager, has invested US$36 million into Africa Mobile Networks Ltd (“AMN”). The consortium includes CDC Group (the UK’s developm...
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IDB Invest, Proparco, FinDev Canada and Sofisa support SMEs in Brazil by facilitating access to financing
IDB Invest, a member of the IDB Group, has provided financing for US$200 million to Banco Sofisa S.A. (Sofisa) in Brazil, together with Proparco and FinDev Canada. The proceeds will contribute to incr...
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Proparco invests in Bank of Palestine to foster inclusive growth in Palestine
Bank of Palestine (BOP) and Proparco jointly announced today the signing of an agreement that will see FISEA (the AFD Group fund advised by Proparco), invest USD 12 million in Bank of Palestine throug...
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In Ecuador, PROPARCO has signed two new projects in the agribusiness and telecoms sectors
By allocating a USD 15m loan to SONGA, a shrimp producer, and a USD 25m loan to Phoenix Tower International Ecuador (PTIE), a telecoms company, PROPARCO has reiterated its support to Ecuador’s private...
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Proparco and National Bank of Iraq have signed a $10 Million Trade Finance Guarantee
Proparco has just granted a trade finance guarantee for $10 million to National Bank of Iraq (NBI). This project is the first collaboration between Proparco and NBI and will support local importers in...
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Proparco, IFC, DEG and DFC Support South African COVID-19 Vaccine Maker, Aspen
To support the development of vaccines for African countries, Proparco, IFC, DEG - the German development finance institution, and the U.S. International Development Finance Corporation (DFC) today an...
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Proparco participates in Berkeley Energy’s new Africa Renewable Energy Fund II
The €130 million fund will focus on the development, construction, and operation of renewable energy assets and technologies across Sub-Saharan Africa.
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IVORY COAST : Proparco and EAIF partner to finance the first biomass plant with grid injection in Africa
During the visit to Côte d’Ivoire by Mr. Jean-Yves Le Drian, the French Minister for Europe and Foreign Affairs, Proparco and the Emerging Africa Infrastructure Fund (EAIF) have closed a 165M EUR proj...
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Proparco and Ecobank Liberia have signed a USD 10M Trade Finance guarantee
After a pilot Trade Finance project launched in 2017 with Ecobank Group subsidiaries in Mali, Burkina Faso, Guinea and Côte d'Ivoire (and their French subsidiary as confirming bank), PROPARCO has just...
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Proparco supports the growth of the Vitalis Group, a leading pharmaceutical company in Latin America
Proparco, alongside Acon Investments, DEG and FMO, acquired the Vitalis Group (Vitalis), a leading manufacturer and distributor of generic injectable pharmaceuticals with production facilities in Colo...
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Proparco supports the development of Global Tea in Kenya and Malawi
Proparco, Si Advisers LLP ('Si') and IFU have signed an agreement to provide growth capital to Global Tea & Commodities (‘Global Tea’), a tea, coffee, and macadamia business with operations in Kenya a...
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